Charles wants to retire in 17 years. At that time he wants to be able to withdraw

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Charles wants to retire in 17 years. At that time he wants to be able to withdraw $22,000 at the end of each year for16years. Assume that money can be deposited at8% per year compounded annually. What exact amount will Charles need in 17 years?

Posted Date: May 17, 2024 10:01 PM

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Charles wants to retire in 17 years. At that time he wants to be able to withdraw

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