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Your pension plan is an annuity with a guaranteed return of 9 . 5 % per year ( compounded quarterly ) . You can afford
Your pension plan is an annuity with a guaranteed return of per year compounded quarterly You can afford to put $ per quarter into the fund, and you will work for years before retiring. After you retire, you will be paid a quarterly pension based on a year payout.
How much will you receive each quarter? Round your final answer to the nearest dollar.
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