How long would a retirement account with $750,000 earning 4% a year last if $50,000 is taken

Question:

How long would a retirement account with $750,000 earning 4% a year last if $50,000 is taken out each year? Give your answer as a range of years, e.g. - between 14 and 15 years.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: