In planning for your retirement you would like to withdraw, Business Economics

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In planning for your retirement you would like to withdraw

In planning for your retirement, you would like to withdraw $50,000 per year for 20 years. The first withdrawal will occur 20 years from today.

What amount must you invest today if your return is 10% per year?

What amount must you invest today if your return is 15% per year?

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Business Economics: In planning for your retirement you would like to withdraw

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Business Economics: In planning for your retirement you would like to withdraw

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