If you had $100,000 that was invested at 7% and you wanted to withdraw $10,000 at the

Question:

If you had $100,000 that was invested at 7% and you wanted to withdraw

$10,000 at the end of each year, how long would your funds last? How long would they last if you earned 0%? How long would they last if you earned the 7% but limited your withdrawals to $7,000 per year? (17.8 years; 10 years;

forever)

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Fundamentals Of Financial Management Concise Edition

ISBN: 9781285065137

8th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Jul 18, 2024 07:04 AM

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If you had $100,000 that was invested at 7% and you wanted to withdraw $10,000 at the

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Fundamentals Of Financial Management Concise Edition

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