(h) A person invests $50,000 in an investment that earns 6 percent. If $6000 is withdrawn each...

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(h) A person invests $50,000 in an investment that earns 6 percent. If $6000 is withdrawn each year, how many years will it take for the fund to run out?

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Personal Finance

ISBN: 9781439039021

10th Edition

Authors: E Thomas Garman, Raymond E Forgue

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