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Homework 2 When you retire you expect to live for another 25 years. Each month of...

Homework 2

When you retire you expect to live for another 25 years. Each month of your retirement you want to be able to withdraw $8,500 for living expenses. If you can earn 4.5% per year on your investment, how much do you need to have in your retirement account, at the time you retire, to make this happen?

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jeff jeffy answered 10 months ago
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