Wonderful retirement life

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Reference no: EM132053205

If you want to have a wonderful retirement life, during which you want to be able to withdraw $10,000 from your account at the end of every month, for 20 years after you retire. Assume the retirement account can earn 6% APR for the remaining balance in that account. How much money do you need to have when you retire, to achieve this goal?

Reference no: EM132053205

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