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If you want to be able to withdraw 80000 per year forever

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Reference no: EM13572736

If you want to be able to withdraw $80,000 per year forever beginning 30 years from now, how much will you have to have in your retirement account (that earns 8% per year interest) in (a) year 29 and (b) year 0? 

Reference no: EM13572736

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