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Jill retires with $449,081 in her retirement fund. The fund earns interest at an annual rate of 3.8%, compounded monthly. If Jill would like for
Jill retires with $449,081 in her retirement fund. The fund earns interest at an annual rate of 3.8%, compounded monthly. If Jill would like for the fund to last for 20 years after retirement, how much should she withdraw each month?
Round your answer to two decimal places.
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