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You have just retired with savings of $1.5 million. If youexpect to live for 30 years and to earn 8% a year on your savings,how

You have just retired with savings of $1.5 million. If youexpect to live for 30 years and to earn 8% a year on your savings,how much can you afford to spend each year? Assume that you willspend the 2 answers

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