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(Assume that you You have just retired with savings of $8 million. If you expect to live for 41 years and to earn 10% a

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(Assume that you You have just retired with savings of $8 million. If you expect to live for 41 years and to earn 10% a year on your savings, how much can you afford to spend each year (in $ dollars)? $_ spend the money at the start of each year.)

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