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You are planning to save for retirement over the next 2 5 years. To do this, you will invest $ 5 0 0 a month
You are planning to save for retirement over the next years. To do this, you will invest $ a month in a stock account and $ a month in a bond account. The return of the stock account is expected to be percent, and the bond account will pay percent. When you retire, you will combine your money into an account with a return of percent.
How much can you withdraw each month from your account assuming a year withdrawal period?
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