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If you accumulate $600,000 in your retirement account and can earn a constant annual rate of 8% on this money after retirement, how much will

If you accumulate $600,000 in your retirement account and can earn a constant annual rate of 8% on this money after retirement, how much will you be able to live on each year if you expect to live for 30 years after retirement? Assume that you will make you first withdrawal on the day your retire, and round your answer to the nearest dollar.

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