[Solved] You want to be able to withdraw $ 3 0 , 0

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Posted on Sep 08, 2024

You want to be able to withdraw $ 3 0 , 0 0 0 each year for 1 5 years. Your account earns 6 %

You want to be able to withdraw $

30, 000

each year for

15

years. Your account earns

6 %

interest. How much do you need in your account at the beginning?

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