Business, 25.02.2020 16:22 averagegirl27
Your uncle has $1,135,000 and wants to retire. He expects to live for another 25 years and to earn 7.5% on his invested funds. How much could he withdraw at the end of each of the next 25 years and end up with zero in the account?
a. $98,766.96
b. $93,675.88
c. $92,657.67
d. $101,821.61
e. $120,149.50
Answers: 2
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Your uncle has $1,135,000 and wants to retire. He expects to live for another 25 years and to earn 7...
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