How much money have you accumulated for retirement

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Reference no: EM131583361

You have accumulated some money for your retirement. you are going to withdraw $99,438 every year at the end of the year for the next 28 years. how much money have you accumulated for your retirement? your account pays 18.28 percent per year, compound annually. to answer this question, you have to find the present value of these cash flows.

Reference no: EM131583361

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