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Accounting Homework Help
Marcia Stubern is planning for her golden years. She will retirein 20 years, at which time she plans to begin withdrawing $60,000annually. She is expected to live for 20 years following herretirement. Her financial advisor thinks she can earn 9% annually.How much does she need to invest at the end of each year before sheretires, to prepare for her financial needs after herretirement?
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