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you have just retired and accumulated $1,5 million. you expect to live 20 years from now on. the interest rate is 8% how much dollar

you have just retired and accumulated $1,5 million. you expect to live 20 years from now on. the interest rate is 8% how much dollar can you consume on annual level based on your savings? image text in transcribed
Question 3 15 points Save An You have just retired and you accumulated 51.5 million. You expect to live 20 years from now on The interest rates, How much dollar can you consume on annual level based on your savings? Moving to otion monts changed to Outono

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