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Your uncle is 75 years old and he has $1,046,068 saved for her retirement. He expects to live for another 30 years and he
Your uncle is 75 years old and he has $1,046,068 saved for her retirement. He expects to live for another 30 years and he receives a 8% rate (APR) from Retirement-Bank. How much should he withdraw at the end of each of the next 30 years, so that he ends up with zero in the account (he uses all of his savings by the end of those 30 years)? **Round your answer to the nearest three decimals if needed. Do not type the $ symbol. Blank Spreadsheet.xlsx
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