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How much must you deposit in retirement account

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How much must you deposit in your retirement account each year (in equal amounts) in Year 0 to 9 (i.e. total of 10 deposits) if you want to withdraw $50,000 per year forever starting 30 years from now (now = Year 0)? Assuming interest rate earned for the deposit is 10% per year.

Reference no: EM133000398

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