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Your client is currently 21 years old. The interest rate on the funds your client has available is 4.10%. Your client can make annual contributions
Your client is currently 21 years old. The interest rate on the funds your client has available is 4.10%. Your client can make annual contributions of $6,000 per year. Your client wishes to retire at the age of 67 and has an expected lifetime of 89. Calculate the annual payment your client can receive in retirement.
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