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Mathematics, 25.07.2019 13:30 bray40
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 to withdraw $4,000 at the beginning of each month, how long before the savings plan is exhausted?
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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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