You are planning to save for retirement over the next 25 years To do this, you will invest $760 per month in a stock account and $360 per month in a bond account The return of the stock account is expected to be 9 6 percent, and the bond account will pay 5 6 percent When you retire, you will combine your money into an account with a 6 6 percent return How much can you withdraw each month from your account assuming a 20 year withdrawal period (Do not round intermediate calculations and round your answer to 2 decimal places, e g , 32 16 )

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You are planning to save for retirement over the next 25 years  To do this, you will invest $760 per month in a stock account and $360 per month in a bond account  The return of the stock account is expected to be 9 6 percent, and the bond account will pay 5 6 percent  When you retire, you will combine your money into an account with a 6 6 percent return  How much can you withdraw each month from your account assuming a 20 year withdrawal period  (Do not round intermediate calculations and round your answer to 2 decimal places, e g , 32 16 )

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You are planning to save for retirement over the next 25 years. To do this, you will invest $760 per month in a stock account

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