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Business, 09.04.2020 07:19 Chapo3760

Suppose your friend’s employer will contribute to the account each year as part of the company’s profit sharing plan. In addition, your friend expects a distribution from a family trust 20 years from now. What amount must she deposit annually now to be able to make the desired withdrawals at retirement? Employer’s annual contribution $1,500 Years until trust fund distribution 20 Amount of trust fund distribution $25,000

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