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You have just been given a $454,000, which you decide to invest at an APR of 6.7 percent. If you were to withdraw $38,500 at
You have just been given a $454,000, which you decide to invest at an APR of 6.7 percent. If you were to withdraw $38,500 at the end of each year, starting at the end of this year, how many years will it take you to exhaust these funds?
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Digital Finance Bits And Bytes The Road Ahead
Authors: Vasant Chintaman Joshi
1st Edition
