You plan to retire in year 20 Your retirement will last 25 years. You want...
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Finance
You plan to retire in year 20 Your retirement will last 25 years. You want to have $65,000 each year of your retirement. How much would you have to invest each year, starting in one year, for 15 years , to exactly pay for your retirement ,if your investments earn 6.00% APR (compounded annually)?
A. $29,690
B. $28,277
C. $28,842
E. $30,284
F. $29,419
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