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You have just retired with savings of $ 4 million. If you expect to live for 4 1 years and to earn 1 0 %

You have just retired with savings of $4 million. If you expect to live for 41 years and to earn 10% a year on your savings, how much can you afford to spend each year (in $ dollars)? $
(Assume that you spend the money at the start of each year.)
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