Which of the four annuity formulas should you use

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Question: You plan to live 25 years after you retire. You want to withdraw $100,000 each year for 25 years. Your first withdrawal will take place the day after you retire. Which of the four annuity formulas should you use and why? Don't do the calculation yet. Just let me know why this is the correct setup.

Reference no: EM133379799

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