Question: Youve done a retirement capital needs analysis for a client, who intends to retire in 30 years time. You calculated his shortfall at retirement at

Youve done a retirement capital needs analysis for a client, who intends to retire in 30 years time. You calculated his shortfall at retirement at R5,5 million. What is the required monthly level premium amount(payable at the beginning of each month) to eliminate the shortfall if he can earn a 10% growth rate per annum?

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