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over the years Samuel and Elizabeth pager, of Elon, North Carolina, have accumulated $200,000 and $220,000, respectively, in their employer-sponsored retirement plans. If the amounts
over the years Samuel and Elizabeth pager, of Elon, North Carolina, have accumulated $200,000 and $220,000, respectively, in their employer-sponsored retirement plans. If the amounts in their two respective accounts earn a 6 percent rate of return over Samuel and Elizabeth's anticipated 20 year retirement, how large an amount could be withdrawn each month from the two accounts? (use PV of annuity table,ect.)
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