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You've accumulated some money for your retirement. You're going to withdraw $92,965 every year at the end of the year for the next 17 years. How much money have you accumulated for your retirement? Your account pays you 16.17 percent for each year, compounded annually. To answer this question, you have to find out the present value of these cash flows.

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Category:- Basic Finance
Reference No.:- M91145610

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