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QUESTION
you have accumulated $934,483 for your retirement. How much money can you withdraw for the next 22 years in equal annual end-of-the-year cash flows...
you have accumulated $934,483 for your retirement. How much money can you withdraw for the next 22 years in equal annual end-of-the-year cash flows if you invest at a rate of 8.18% per year, compounded annually
