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Mathematics, 25.07.2019 13:30 NatalieAllen11

Suppose you accumulated $500,000, perhaps from many years of saving. you put the money in a savings plan earning 6% compounded monthly. if you want the plan to last 40 years, how much can you withdraw at the beginning of each month?

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Suppose you accumulated $500,000, perhaps from many years of saving. you put the money in a savings...
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