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You plan to invest $10K every year for 20 years. You also plan to make 4 equal withdrawals in years 21, 22, 23, and 24.
You plan to invest $10K every year for 20 years. You also plan to make 4 equal withdrawals in years 21, 22, 23, and 24. How large can your annual withdrawals be if the interest rate is 6%?" "
a.$106,160 "
b."$75,819 "
c."$38,039 "
d."$180,686 "
e"$112,395 "
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