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Having worked for several years, Suzanne is now planning to save for retirement over the next 3 0 years. To achieve this goal, she will
Having worked for several years, Suzanne is now planning to save for retirement over the next years. To achieve this goal, she will invest $ a month in a stock account and $ a month in a bond account. The expected return on the stock account is percent, and the bond account will pay percent. When retiring, Suzanne will combine her money into a single account with a percent return. How much can she withdraw each month from her account assuming a year withdrawal period?
Having worked for several years, Suzanne is now planning to save for retirement over the next years. To achieve this goal, she will invest $ a month in a stock account and $ a month in a bond account. The expected return on the stock account is percent, and the bond account will pay percent. When retiring, Suzanne will combine her money into a single account with a percent return. How much can she withdraw each month from her account assuming a year withdrawal period?
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