Which of the following statements describes a component of calculating the lumpsum capital amount necessary to fund
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Question:
Which of the following statements describes a component of calculating the lumpsum capital amount necessary to fund the projected income need over the retirement need period
I Adjust or inflate the projected first year retirement income need expressed in present value dollars to future dollars at the time of retirement
II Calculate the total retirement fund needed lumpsum capital amount to meet the projected income demands
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