You want to be able to withdraw $50,000 from your account each year for 25 years after you retire. You expect to retire in 15 years. If your account earns 7% interest, how much will you need to...


You want to be able to withdraw $50,000 from your account each year for 25 years after you retire.<br>You expect to retire in 15 years.<br>If your account earns 7% interest, how much will you need to deposit each year until retirement to achieve<br>your retirement goals?<br>

Extracted text: You want to be able to withdraw $50,000 from your account each year for 25 years after you retire. You expect to retire in 15 years. If your account earns 7% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?

Jun 06, 2022
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