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Debbie has $368,882 accumulated in a 401k plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place annually
Debbie has $368,882 accumulated in a 401k plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place annually starting today. How soon will the fund be exhausted i Debble withdraws $30,000 each year? Multiple Choice 15 years O 2 years None of the above 13 years
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