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Calculating Annuities You are planning to save for retirement over the next 3 0 years. To do this, you will invest $ 8 5 0
Calculating Annuities You are planning to save for retirement over the next years. To do this, you will invest $ per month in a stock account and $ per month in a bond account. The return of the stock account is expected to be percent per year, and the bond account will earn percent per year. When you retire, you will combine your money into an account with an annual return of percent. How much can you withdraw each month from your account assuming a year withdrawal period?
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