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2P6-32 Calculating Annuities [LO1] You are planning to save for retirement over the next 25 years. To do this, you will Invest $1,000 a month

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2P6-32 Calculating Annuities [LO1] You are planning to save for retirement over the next 25 years. To do this, you will Invest $1,000 a month in a stock account and $700 a month in a bond account. The return of the stock account is expected to be 11 percent, and the bond account will pay 6 percent When you retire, you will combine your money into oints an account with a return of 8 percent How much can you withdraw each month from your account assuming a 20-year withdrawal period? 00.40.52

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