Your newly retired parents will be able to withdraw $145,000 per year for each of...
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Finance
Your newly retired parents will be able to withdraw $145,000 per year for each of the next 25 years. Each withdrawal will be made at the beginning of the year. How much money do your parents have in their account now (earning 7.5% annually) to be able to finance this retirement? O $3,346,337 O $1,616,307 $1,592,530 O $1,711,970 $1,737.530
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