1. Use Appendix A.4 to calculate how much could be withdrawn each year from a $900,000 retirement...

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1. Use Appendix A.4 to calculate how much could be withdrawn each year from a $900,000 retirement nest egg earning 5 percent if you wanted the nest egg to last 20 years? How much less could be withdrawn so that the nest egg lasts 25 years?

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Personal Finance

ISBN: 9781439039021

10th Edition

Authors: E Thomas Garman, Raymond E Forgue

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