Your aunt has $1,500,000 and wants to retire. He expects to live for another 40 years and
Your aunt has $1,500,000 and wants to retire. He expects to live for another 40 years and to earn 4.5% on his invested funds. How much could he withdraw at the end of each of the next 40 years and end up with zero in the account?
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$81,514.72
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$84,775.31
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$14,014.72
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$14,575.31
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Abhinav
03-Dec-2019