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You have $2,500,000 in an account earning 4%. You take $20,000 out of your account at the end of each month. How long will it

You have $2,500,000 in an account earning 4%. You take $20,000 out of your account at the end of each month. How long will it take for your account to be completely depleted?

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20.8 years

17.1 years

19.3 years

13.5 years

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