Question: please help Sally Mander had been planning on retiring in 3 years with an IRA retirement account balance of $750,000. She assumes her account will
please help
Sally Mander had been planning on retiring in 3 years with an IRA retirement account balance of $750,000. She assumes her account will earn 6% annually. If Sally decides to work for an additional 5 years and her account continues to earn 6%, and she decides to play it safe using a perpetual annuity, how much could she withdraw annually forever? $58,800 $43,350 $45,700 $60,210
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