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Mapurisa
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Assume a 35-year old investor wants to retire in 25 years at the age of 60. She expects to earn 12.5% on her investments prior to her retirement and 10% thereafter. How much must she deposit at the end of each year for the next 25 years in order to be able to withdraw $25 000 per year at the beginning of each year for 30 years? [25]
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