Question: please help!! You are planning to save for retirement over the next 30 years. To do this, you will invest $700 a month in a

please help!! You are planning to save for retirement over the nextplease help!!

You are planning to save for retirement over the next 30 years. To do this, you will invest $700 a month in a stock account and $300 a month in a bond account. The return of the stock account is expected to be 11%, and the bond account will pay 7%. When you retire (at the end of the 30 years), you will combine your money into an account with a 9% return (compounded monthly). How much can you withdraw each month from your account assuming a 25-year withdrawal period

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