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QUESTION
a person who is retiring at age 65 and who has 200000 wants to leave an estate of at least 30000.
a person who is retiring at age 65 and who has 200000 wants to leave an estate of at least 30000. how much can the individual draw annually on the 200000(starting at the end of the year) if the funds earn 8 percent and the person's life expectancy is 85 years?
