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Today, you are retiring. You have a total of $289,416 in your retirement savings. You want to withdraw $2,500 at the beginning of every month,
Today, you are retiring. You have a total of $289,416 in your retirement savings. You want to withdraw $2,500 at the beginning of every month, starting today and expect to earn 4.6 percent, compounded monthly.
How long will it be until you run out of money?
I need to solve it with this calcualter , please, ( Texas Instruments - BA II Plus) step by step.
Thank you so much for your time and your help
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