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You plan to retire at age 40 after a short but highly successful career. You would like to accumulate enough money by age 40 to

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You plan to retire at age 40 after a short but highly successful career. You would like to accumulate enough money by age 40 to withdraw $150,000 each year for the next 40 years. Your account bears interest at 7%. How much do you need to accumulate by the time your retire? O $ 1.999,755 $ 2,246,175 $ 6,000,000 $ 400,800

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