Question: How much do you need when you retire to provide a $2,640 monthly check that will last for 25 years? Assume that your savings can

How much do you need when you retire to provide a $2,640 monthly check that will last for 25 years? Assume that your savings can earn 0.5% a month.

Multiple Choice

$383,255.10

$409,746.12

$425,321.61

$437,192.70

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