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Bharatamata saves $900 monthly in stocks and $600 monthly in bonds for 20 years. The return on the stocks is 11 percent and on bonds
Bharatamata saves $900 monthly in stocks and $600 monthly in bonds for 20 years. The return on the stocks is 11 percent and on bonds 5 percent. How much can Bharatamata withdraw each month for 15-years assuming that on retirement Bharatamata combines the stocks an bonds into an account that pays 8 percent.
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