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You want to deposit $X amount of money today (year 0), so that when you retire in 33 years from now, you can make annual

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You want to deposit $X amount of money today (year 0), so that when you retire in 33 years from now, you can make annual withdrawals for the subsequent 18 years. Your first withdrawal will be at time 34 and your last withdrawal will be at time 51. You want your first withdrawal (in year 34) to be $42,000 and then increase this payment by 1% every year after the prior one to compensate for inflation. If your interest rate is 5% APR, how much is $X? $528,124.82 $109.531.31 $100,531.09 O $105,557.65

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