Business, 05.05.2020 20:39 prohrer589

You wish to retire in 14 years, at which time you want to have accumulated enough money to receive an annual annuity of $17,000 for 19 years after retirement. During the period before retirement you can earn 8 percent annually, while after retirement you can earn 10 percent on your money. What annual contributions to the retirement fund will allow you to receive the $17,000 annuity

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You wish to retire in 14 years, at which time you want to have accumulated enough money to receive a...