Determine net present value of the value of retirement

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Determine the net present value of the value of your retirement needs at your age of retirement if you retire at the age of 60 using the following criteria (note that distributions will be made at the beginning of each year beginning on your 60th birthday): Life Expectancy 25 Years. Annual Income required $65,000. Discount rate 4%.

Reference no: EM131554083

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