Mathematics, 10.12.2020 21:10 MengXiong1
You want to be able to withdraw $40,000 each year for 30 years. Your account earns 5% interest.
a) How much do you need in your account at the beginning?
$
b) How much total money will you pull out of the account?
$
c) How much of that money is interest?
Answers: 3
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You want to be able to withdraw $40,000 each year for 30 years. Your account earns 5% interest.
a)...
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