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How to Solve using finalcial Calculator what to plug in? Justin would like his heirs to be able to withdraw $2,000 from an account, each
How to Solve using finalcial Calculator what to plug in?
Justin would like his heirs to be able to withdraw $2,000 from an account, each month, indefinitely. The annual rate of return in that account is 6%, compounded monthly. How long will it take Justin to save just the right amount of money for these future withdrawals, if from now on he will be making annual deposits in that account in the amount of $4,912.05 at the end of each year Step by Step Solution
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