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You have become a financial advisor and a new client has received a trust fund currently worth $500,000. However, she will not have access to

You have become a financial advisor and a new client has received a trust fund currently worth $500,000. However, she will not have access to the fund until she turns 60 years old, which is in 20 years. At that time she can withdraw $10,000 per month. If the trust fund is invested at a 6 percent rate, compounded monthly, how many months will it last your client once he starts to withdraw the money?

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