Business, 07.04.2020 19:55, marlenerojas201

After retirement, you expect to live for 25 years. You would like to have $75,000 income each year. How much should you have saved in your retirement account to receive this income if the annual interest rate is 9 percent per year? (Assume that the payments start one year after your retirement.)

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After retirement, you expect to live for 25 years. You would like to have $75,000 income each year....