Question: [0/1 Points DETAILS PREVIOUS ANSWERS CRAUDQL3 4.3.019A MY NOTES ASK YOUR TEACHER PRACTICE ANOTHE You plan to work for 40 years and then retire using

[0/1 Points DETAILS PREVIOUS ANSWERS CRAUDQL3 4.3.019A MY NOTES ASK YOUR TEACHER PRACTICE ANOTHE You plan to work for 40 years and then retire using a 25-year annuity. You want to arrange a retirement income of $4500 per most. You have access to an account that pays an APR of 7.24 compounded monthly What size nest egg do you need to achieve the desired monthly yield (Round your answer to the nearest cent.) $225.20

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