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Please help! *Excel Formulas* Assume the compounding period suggested by the problem. Assume that payments are end of period payments 6. Assume you are age
Please help! *Excel Formulas* "Assume the compounding period suggested by the problem. Assume that payments are end of period payments" 
6. Assume you are age 78 . You plan on living to age 100 . If you have $725,000 on which you can earn an APR of 6.25%, how much can you take out per month in order to completely exhaust your savings in 22 years assuming monthly compounding Step by Step Solution
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Financial Economics
Authors: Frank J. Fabozzi, Edwin H. Neave, Guofu Zhou
1st Edition
0470596201, 9780470596203
