Question: quickly please!! A client is retiring today and will take her first $38,000 retirement distribution this afternoon. Her retirement assets (i.e. stocks and bonds) are

quickly please!! A client is retiring today and will take her first quickly please!!

A client is retiring today and will take her first $38,000 retirement distribution this afternoon. Her retirement assets (i.e. stocks and bonds) are expected to yield 5.9% annually. How much will she have to have in her retirement plan today to support twenty- seven annual distributions? Assume level distributions

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