Question: Question 47 (0.5 points) Saved You are considering your retirement options. You want to retire in 30 years from today. You anticipate that you will

Question 47 (0.5 points) Saved You are considering your retirement options. You want to retire in 30 years from today. You anticipate that you will need to make 20 withdrawals during your retirement life. You want to maintain a luxury lifestyle during retirement, so each withdrawal is set to be $90,000. Use 8% interest rate for your calculation. If you start to make deposits in one year and make the last deposit on the day of your retirement, what amount must you deposit annually to be able to make the desired withdrawals at retirement? There is not enough information to calculate the amount that you have to deposit in the scenario described 7600 7800 O 7700

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