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Jordana is retiring today with $1399939 in her registered retirement savings plan (RRSP) account, which pay 6% interest per year compounded yearly. Although her life
Jordana is retiring today with $1399939 in her registered retirement savings plan (RRSP) account, which pay 6% interest per year compounded yearly. Although her life expectancy in 25 years she want to have enough money to live comfortably for 46 years. What is the maximum average amount she can spend per year to realize her goal?
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