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Category > Business & Finance Posted 31 May 2017 My Price 11.00

You have $50,000

You have $50,000 in your retirement fund that is earning 5.5 percent per year, compounded quarterly. How many dollars in withdrawals per month would reduce this nest egg to zero in 20 years? How many dollars per month can you withdraw for as long as you live and still leave this nest egg intact? (Hint: Use Exhibit 14-5.) (Obj. 2)

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Status NEW Posted 31 May 2017 05:05 AM My Price 11.00

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