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t-11 please help Present and future values of $1 at 3% are presented below: Debbie has $385,031 accumulated in a 401K plan. The fund is
t-11 please help
Present and future values of $1 at 3% are presented below: Debbie has $385,031 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place annually starting today. How soon will the fund be exhausted if Debble withdraws $60,000 each year? Mutiple Choice 70 yoars 80 years 60 years 93 years Step by Step Solution
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