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You want to be able to withdraw $36,000 from your account each year for 20 years after you retire. You expect to retire in 25
You want to be able to withdraw $36,000 from your account each year for 20 years after you retire. You expect to retire in 25 years. If your account earns 9% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?(Hint: Think about this entire question, you may need to use 2 separate formulas)
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