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Mathematics, 14.10.2019 17:20 crystaldewar55C

Your friend bob just retired after running a donut shop for 40 years. he has saved $3.5 million in his retirement accounts. now he has his money in bond funds that have a 5% annual rate of return. how much will bob be able to withdraw at the beginning of each month for the next 30 years. assume he will have $0 left after year 30.

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