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Alicia has a job with a DC regulator that offers a terrific benefit package. The agency contributes an annuity of $580 into a bank account
Alicia has a job with a DC regulator that offers a terrific benefit package. The agency contributes an annuity of $580 into a bank account in her name at the end of each month, beginning one month from today. Alicia estimates that she will work for the next 30 years (for 360 months), when at that point she'll retire. At the time of her retirement, Alicia plans to withdrawal monthly amounts for 25 consecutive years (for 300 months), beginning at the end of the first retirement month. Assuming an interest rate of 6% annually, what is the maximum amount Alicia will be able to withdrawal, per month, during her retirement years? at that point shanu meisten at the time other waitement Alicia plans to withdrawal Place your answer to the nearest dollar amount. Work your analysis using at least 4 decimal places of accuracy. Do not use a dollar sign or comma as part of your answer. For example, place the answer of one million seven hundred fifty thousand and thirty two as 1750032
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