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You are planning your retirement in 2 0 years. You currently have $ 1 7 1 , 0 0 0 in a bond account. You
You are planning your retirement in years. You currently have $ in a bond account. You plan to add $ per year at the end of each of the next years to your bond account. The bond account will earn a return of percent. When you retire, you plan to withdraw an equal amount EVERY MONTH of the next years at the end of each month and have nothing left. Additionally, when you retire you will transfer your money to an account that earns percent. How much can you withdraw each month in your retirement?
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