a ) Your friend expects to live to be 9 0 that is , he expects to
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a Your friend expects to live to be that is he expects to live for years after retirement. If at age he deposits all his wealth, $ in a saving account that pays annual interest, how much should he withdraw at the end of each year to end up with a zero balance in the year of his expected death?c Assume all the conditions in part b except that your friend wants to leave an estate of $ when he dies. How much can he draw out of the account each year after he reaches age
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