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PV = $52000 R = 6% pmt = $300 per month If I start with $52,000 and withdraw $300 per month starting from month 1
PV = $52000
R = 6%
pmt = $300 per month
If I start with $52,000 and withdraw $300 per month starting from month 1 and earn 6% per annum, how long will this money last for? please provide the formula.
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