If you have today in your saving account $200,000 and you expect to earn an average...
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If you have today in your saving account $200,000 and you expect to earn an average of 7%, compounded monthly, on this money. You want to withdraw $2,000 at the beginning of every month, starting today. How long (in years) will it be until you run ?out of money years 11.49 O years 10.11 O years 9.57 O years 12.42 O If you have today in your saving account $200,000 and you expect to earn an average of 7%, compounded monthly, on this money. You want to withdraw $2,000 at the beginning of every month, starting today. How long (in years) will it be until you run ?out of money years 11.49 O years 10.11 O years 9.57 O years 12.42 O
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Related Book For
Personal Financial Planning
ISBN: 978-1111971632
13th edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
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