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Business, 01.08.2019 09:00 anthonyhaywood

Your aunt ruth has $500,000 invested at 6.5%, and she plans to retire. she wants to withdraw $40,000 at the beginning of each year, starting immediately. how many years will it take to exhaust her funds, i. e., run the account down to zero?

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Your aunt ruth has $500,000 invested at 6.5%, and she plans to retire. she wants to withdraw $40,000...
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