How much money does Suzie need to have in her retirement savings account today if she wishes to withdraw $25,000 a year for 30 years? She expects to earn an average rate of return of 13 percent.
A) $176,800.16
B) $180,419.81
C) $181,533.33
D) $185,160.98
E) $187,391.34
Correct Answer:
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