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I receive a $1,000,000 inheritance on January 1st 2020. I cannot withdraw any of it until January 1st 2035. I plan on withdrawing the same
I receive a $1,000,000 inheritance on January 1st 2020. I cannot withdraw any of it until January 1st 2035. I plan on withdrawing the same amount each year for 30 years. How much can I withdraw each year? (Assume 8 percent interest rate).
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