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When you turn 5 0 you have $ 6 0 0 , 0 0 0 in a retirement account which receives 5 % annually. You
When you turn you have $ in a retirement account which
receives annually. You plan to withdraw $ each year.
a Set up and solve a differential equation for the balance in Pt the amount in the
retirement account after t years.
b Estimate the number of years your retirement fund will last.
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