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02-06-2023
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Quinn wants to retire with $5,900,000 in the bank account 31 years from now. Assume the interest rate is 10.6% and it compounds annually. Assuming Quint currently has no assets reserves for his retirement, how much in payment should Quinn make each year to meet his goal of $5,900,000? $28,793.70 $28.944.82 $31.554.71 $32,364.24

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