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Your aunt has $1,500,000 and wants to retire. He expects to live for another 40 years and to earn 4.5% on his invested funds. How
Your aunt has $1,500,000 and wants to retire. He expects to live for another 40 years and to earn 4.5% on his invested funds. How much could he withdraw at the end of each of the next 40 years and end up with zero in the account?
| $81,514.72 | ||
| $84,775.31 | ||
| $14,014.72 | ||
| $14,575.31 |
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