Retirement of planning, In planning for your retirement,

Retirement of planning

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Reference no: EM13851065

In planning for your retirement, you would like to withdraw $50,000 per year for 20 years. The first withdrawal will occur 20 years from today.

What amount must you invest today if your return is 10% per year?

What amount must you invest today if your return is 15% per year?

Reference no: EM13851065

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