I earn $65000 per year. I won the lotto and took home $1,000,000 and put into account

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I earn $65000 per year. I won the lotto and took home $1,000,000 and put into account earning 5% per year, compounded annually. I want to withdraw $65000 at the beginning of each year to replace my salary. How long will my winnings last?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 04, 2023 06:26 AM

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I earn $65000 per year. I won the lotto and took home $1,000,000 and put into account

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Income Tax Fundamentals 2013

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