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You just turned 30 years old. Your goal is to retire on your 47th birthday and make your first withdrawal. You plan to keep your

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You just turned 30 years old. Your goal is to retire on your 47th birthday and make your first withdrawal. You plan to keep your expenses low and spend $30,000 every year in retirement until you are 75. You deposit $19,000 every year into your bank account starting today until and including your 46th birthday. The interest rate is 4%. On your 46th birthday will you have saved enough funds to cover the PV of your retirement needs? A Yes, you will have $49,634 additional dollars at that date B No, you will be short $22,248 dollars at that date C Yes, you will have $109,637 additional dollars at that date D No, you will be short $59,259 dollars at that date E No, you will be short $94,845 dollars at that date

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