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How long will $700,000, in an investment account that earns 6.25% compounded monthly, sustain month-end withdrawals of $5,400? (Do not round intermediate calculations and round
How long will $700,000, in an investment account that earns 6.25% compounded monthly, sustain month-end withdrawals of $5,400? (Do not round intermediate calculations and round up the number of payments, n, to the next whole number.) year(s) and month(s)
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