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You want an annuity large enough to allow you to withdraw $300/mo. For 25 years = 300 months. The monthly interest rate is r =
- You want an annuity large enough to allow you to withdraw $300/mo. For 25 years = 300 months. The monthly interest rate is r = 6%/12 = .005. How large must your annuity be?
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The Commercial Real Estate Investors Handbook
Authors: Steven D. Fisher
1st Edition
1601380372, 978-1601380371
