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6) You are investing in both stocks and bonds for your retirement fund Monthly stock investment $ 600 Monthly bond investment $ 150 Stock return

6)

You are investing in both stocks and bonds for your retirement fund

Monthly stock investment

$ 600

Monthly bond investment

$ 150

Stock return

10%

Bond return

6%

You are planning to save for retirement for

30

years

When you retire, you will combine your money into an account with an annual return

8%

After retirement withdrawal period

25

years

How much can you withdraw each month from your account in after retirement withdrawal period?

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