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Business, 18.11.2020 16:50 dondre54

Debbie has $223,188.4 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place annually starting today. How soon will the fund be exhausted if Debbie withdraws $40,000 each year?

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Debbie has $223,188.4 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per year....
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