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You inherited $500,000 and have decided that you'd like to retire now. Earning 6% on your money, how much income can you draw from the
You inherited $500,000 and have decided that you'd like to retire now. Earning 6% on your money, how much income can you draw from the account for the next 25 years when the account goes to zero? (Round to nearest whole dollar and do not use dollar signs or decimals)
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