Accumulated some money for retirement

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You have accumulated some money for retirement. You are going to to withdraw $64,628 every year at the beginning of the year for the next 26 years starting from today. How much money have you accumulated for retirement? your account pays you 14.38 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows. round the answer to two decimal places.

Reference no: EM132537874

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