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Hunter decided to retire to Florida in 10 years. What amount should Jim invest today so that he will be able to withdraw $25,000 at the end of each year for 30 years after he retires? Assume he can invest money at 9% interest compounded annually.
 2 years ago
 2 years ago
Hunter decided to retire to Florida in 10 years. What amount should Jim invest today so that he will be able to withdraw $25,000 at the end of each year for 30 years after he retires? Assume he can invest money at 9% interest compounded annually.
 2 years ago
 2 years ago

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mathteacher1729Best ResponseYou've already chosen the best response.0
Did the link from before help at all?
 2 years ago

lilbabydoll7384`Best ResponseYou've already chosen the best response.0
yea I am working on the problem but it still isn't making sense to me
 2 years ago

mathteacher1729Best ResponseYou've already chosen the best response.0
It looks like you've posted a ton of problems about this. Is there a test soon? :)
 2 years ago
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