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You have just retired with savings of $6 million. If you expect to live for 58 years and to earn 13% a year on your
You have just retired with savings of $6 million. If you expect to live for 58 years and to earn 13% a year on your savings, how much can you afford to spend each year (in $ dollars)? $_ money at the start of each year.) (Assume that you spend the
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