An investor plans to retire now and wants to be able to withdraw $44,000 at the end of each year for 19 years. Interest rates are expected to be 7%...
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An investor plans to retire now and wants to be able to withdraw $44,000

at the end of each year for 19 years. Interest rates are expected to be 7% compounded semi-annually. How much does the investor have to have saved in order to be able to retire today

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