Question: please answer thoroughly (4 points) In 40 years you have $1.5 million that will be used to fund a retirement that you plan on lasting

please answer thoroughly

(4 points) In 40 years you have $1.5 million that will be used to fund a retirement that you plan on lasting 25 years. How much can you live off each month over those 25 years if annual interest rates are: a. 3.6% b. 4.8% c. 6.0% d. 7.2%

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