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You expect to live for 20 years after retirement. You would like to have income of $106,990 each year. About how much do

Posted: Wed Apr 06, 2022 9:08 am
by answerhappygod
You expect to live for 20 years after retirement. You would like
to have income of $106,990 each year. About how much do you need in
your retirement account in 20 years if the interest rate is 5% per
year? Assume the payments begin on the day of your retirement.