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Could I have some help calculating the last part? How much money was earned through the investments over the final 14 years? 12 A B
Could I have some help calculating the last part? "How much money was earned through the investments over the final 14 years?"
12 A B C D E G M N C F Final 14 Years What is a Life-Cycle Fund? Time: A special category of balanced, proportional representation of an asset class in a fund's partfolio is automatically Find the equal monthly payments that can be withdrawn from the account such that the funds will last exactly 14 years asset-allocation, mutual fund in which the Goal: adjusted during Method Life-Cycle Fund a portian osition of higher risk to one of lower risk as the investor Allocation Amount Life-Cycle Fund ages and/or nears retirement. (investopedia.com) 100% Invested: $471,807.41 Starting Balance: Get from Life-Cycle Rate sheet Life-Cycle Rate 5.3% Monthly Withdrawal Amount: $2,808.38 Ending Balance: $0.00 1 How much money was earned through the investments over the final 14 years? 2 3 4Step by Step Solution
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