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Today, you are retiring. You have a total of $411, 016 in your retirement savings and have the funds invested such that you expect to
Today, you are retiring. You have a total of $411, 016 in your retirement savings and have the funds invested such that you expect to earn an average of 7.10 percent, compunded monthy, on this money throghout your retirement years. You want to withdraw $2,500 at the beginning of every month, starting today. How long will be until you run out of money?
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