Business, 05.12.2019 21:31 Ain805

A woman, with her employer's matching program, contributes $600 at the end of each month to her retirement account, which earns 5% interest, compounded monthly. when she retires after 42 years, she plans to make monthly withdrawals for 34 years. if her account earns 4% interest, compounded monthly, then when she retires, what is her maximum possible monthly withdrawal (without running out of money)?

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