Question: Payout Annuities: Work with a 5% APR. Lets also plan on your withdrawing to begin when you turn 65 years old, and the beginning balance

Payout Annuities: Work with a 5% APR. Lets also plan on your withdrawing to begin when you turn 65 years old, and the beginning balance is 612083.57. Need to withdraw 3760 every monthly. Test this calculation to last for 25 years. Create an Excel sheet for this calculation.

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