Robert wants to withdraw 100000 a year for 30 years after


Robert wants to withdraw $100,000 a year for 30 years after he retires. He will probably work for 30 years and earn 7 interest during the whole time. How much does Robert have to contribute to her pension fund each year so she can retire on $100,000 a year?

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Financial Management: Robert wants to withdraw 100000 a year for 30 years after
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