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You would like to provide $119,000 a year forever for your heirs. How much money must you deposit today to fund this goal if
You would like to provide $119,000 a year forever for your heirs. How much money must you deposit today to fund this goal if you can earn a guaranteed 8.3 percent rate of return? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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