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Your friend just graduated from Temple with the new Financial Planning major. After discussing your financial needs when you retire, she helps you determine that
Your friend just graduated from Temple with the new Financial Planning major. After discussing your financial needs when you retire, she helps you determine that you would need to be able to withdraw $150,000 for each of the 20 years of your assumed retirement. If you could earn an annual rate of 6%, how much would you need to have in your account at the beginning of your retirement period
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