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f. You plan to have $1,300,000 in savings and investments when you retire at age 60. Assuming that you earn an average of 7 percent

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f. You plan to have $1,300,000 in savings and investments when you retire at age 60. Assuming that you earn an average of 7 percent on this portfolio, what is the maximum annual withdrawal you can make over a 20-year period of retirement? Round the answer to the nearest cent. Round PVA-factor to three decimal places. Calculate your answer based on the PVA-factor. Calculate your answer based on the financial calculator

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