You wish to retire in 18 years , at which time , you want to have accumulated enough money to receive an annuity of $500 monthly for 20 years of retirement. During the period before retirement you can earn 4% annually,while after retirement you can earn 6 percent on your money. What monthly contributions to the retirement fund will allow you to receive the 500 dollars annuity?
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who knows
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ask someone else not me because I have no answer for your question
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