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Home / Questions / Question 36 1 points Save Answer Your Aunt Ruth has 5610,000 investod at 6.5%, and she pla...

Question 36 1 points Save Answer Your Aunt Ruth has 5610,000 investod at 6.5%, and she plans to retire. She wants to withdraw 540,000 at the beginning of each year, starting immediately. Approximately

Question 36 1 points Save Answer Your Aunt Ruth has 5610,000 investod at 6.5%, and she plans to retire. She wants to withdraw 540,000 at the beginning of each year, starting immediately. Approximately how many years will it take to exhaust her funds, io run the account down to zero? 33 years 0.42 years c. 36 year 0.46 years

Apr 13 2021 View more View Less

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