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Your grandparents just retired after running a donut shop for 3 0 years. They have saved $ 5 . 9 million in their retirement accounts

Your grandparents just retired after running a donut shop for 30 years. They have saved $5.9 million in their retirement accounts which they have invested in bond funds that have a 5% annual rate of return. How much will they be able to withdraw at the beginning of each month for the next 25 years? Assume they will have $0 left after year 30.

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