Question: : You plan on depositing $ 2 0 , 0 0 0 / year on Jan 1 , for the next 2 7 years (

: You plan on depositing $20,000/year on Jan 1, for the next 27 years (for retirement), during which time you will earn 8.5%; while retired, you require funds for 25 years (these will continue to earn 4.35%)- assuming you take your payments at year-end, what is your annual cash flow in dollars?

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