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What are each of Tony contributions to the fund

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Reference no: EM132611371

Question - Tony Weatherspoon, a super salesman contemplating retirement on his fifty-fifth birthday, decides to a fund on an 10% basis that will enable him to withdraw $21,040 per year on June 30, beginning in 2024 and continuing through 2027. To develop this fund, Tony intends to make equal contributions on June 30 of each of the years 2020-2023. What are each of Tony's contributions to the fund?

Reference no: EM132611371

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