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Elleen expects to live for another 25 years if she retires at age 65, with the same expected percent return on investments in the stock

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Elleen expects to live for another 25 years if she retires at age 65, with the same expected percent return on investments in the stock market. She would like to calculate how much she can withdraw at the end of each year after retirement. Use the following table to indicate which values you should enter on your financial calculator in order to solve for PMT in this scenario. For example, if you are using the value of 1 for N, use the selection list above N in the table to select that value. Input Amount saved for retirement by age 65 0 Keystroke 1/Y PV PMT FV Output N ? Using a financial calculator, you can calculate that ile can withdraw at the end of each year after retirement (assurning retirement at age 65), assuming a fixed withdrawal each year and $0 remaining at the end of her life. Eileen expects to live for another 20 years if she retires at age 70, with the same expected percent return on investments in the stock market. Use the following table to indicate which values you should enter on your financial calculator. Por example, if you are using the value of 1 for N, use the selection list above N in the table to select that value Amount saved for retirement by age 70 0 Input Keystroke Output N 1/Y PV PMT FV Using a financial calculator, you can calculate that Ben can withdraw at the end of each year after retirement at age 70

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