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i Required information Assume that 25 years ago your dad invested $260000, plus $25000 in years 2 through 5, and $43000 per year from
i Required information Assume that 25 years ago your dad invested $260000, plus $25000 in years 2 through 5, and $43000 per year from year 6.00 on. Determine the annual retirement amount that he can withdraw forever starting next year (year 26), if the $43000 annuity stopped at year 25. The interest rate being 10.00% per year. The annual retirement amount is determined to be $ 9595.93
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