Question: Derek decides that he needs $ 1 0 9 , 3 5 9 . 0 0 per year in retirement to cover his living expenses.
Derek decides that he needs $ per year in retirement to cover his living expenses. Therefore, he wants to withdraw $ on each birthday from his th to his th How much will he need in his retirement account on his th birthday? Assume a interest rate of
Answer format: Currency: Round to: decimal places.
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