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You are planning to save for retirement over the next 30 years. To do this, you will invest $1.200 a month in a stock account

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You are planning to save for retirement over the next 30 years. To do this, you will invest $1.200 a month in a stock account and $900 a month in a bond account. The return of the stock account is expected to be 8 percent, and the bond account will pay 5 percent When you retire, you will combine your money into an account with a return of 6 percent. How much can you withdraw each month from your account assuming a 20-year withdrawal period? Multiple Choice $18.79.18 $17.8156 SE542.76 $1000 2002 521015011

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