Question
How long would a retirement account with $750,000 earning 4% a year last if $50,000 is taken out each year? Give your answer as a
How long would a retirement account with $750,000 earning 4% a year last if $50,000 is taken out each year?
Give your answer as a range of years, e.g. - between 14 and 15 years
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
