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You currently have $9,000 in the bank earning 7.7%, You plan to put $2,500 into the account every 6 months. In 8 years, you plan
You currently have $9,000 in the bank earning 7.7%, You plan to put $2,500 into the account every 6 months. In 8 years, you plan to withdraw the money monthly from the account over the following 4 years. How much can you withdraw monthly over the 4 years? You will have no money left after the 4 years.
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