Question: Jay started a retirement plan when he got his first full - time job at the age of 2 3 . He started with a

Jay started a retirement plan when he got his first full-time job at the age of 23. He started with a monthly payment of $ 252 in a retirement account that accumulates 7.25% yearly interest for 15 years. Then Jay decided to increase his monthly payments at $500 monthly for another 15 years, when he decided to stop the payments, but let the account to accumulate interest until his retire age of 65. How much money can Jay withdraw monthly, for 10 years after he retires

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