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  3. you want to be able to withdraw $20,000 from your

You want to be able to withdraw $20,000 from your account each year for 30...

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Basic Math

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You want to be able to withdraw $20,000 from your account each year for 30 years after you retire.You expect to retire in 20 years.If your account earns 8% interest, how much will you need to deposit each year until retirement to achieveyour retirement goals?$Round your answer to the nearest cent.

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