Question: SOLVE USING EXCEL WITH PRESENT VALUE OR FUTURE VALUE FUNCTIONS PLEASE 5. How much money does Suzie need to have in her retirement savings account

SOLVE USING EXCEL WITH PRESENT VALUE OR FUTURE VALUE FUNCTIONS PLEASE

5. How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $42,000 a year for 25 years? She expects to earn an average rate of return of 9.75 percent. (you are solving for the present value of an annuity)

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