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For your retirement, you want to invest $10,000 today and $1,000 each month for 40 years at 12%. If you plan to live another 30
For your retirement, you want to invest $10,000 today and $1,000 each month for 40 years at 12%. If you plan to live another 30 years after retirement, how much can you take out each year if you start withdrawing 1 year after retirement? Interest rates are still 12%.
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