12. Dipping in Your Nest Egg. You have $50,000 in your retirement fund that is earning 5.5...

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12. Dipping in Your Nest Egg. You have $50,000 in your retirement fund that is earning 5.5 percent per year, compounded quarterly.

How many dollars in withdrawals per month would reduce this nest egg to zero in 20 years? (Obj. 6)

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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