Question: Problem 6 - 3 2 Calculating Annuities [ L 0 1 ] You are planning to save for retirement over the next 3 5 years.
Problem Calculating Annuities L
You are planning to save for retirement over the next years. To do this, you will invest $ per month in a stock account and $ permonth in a bond account. The return of the stock account is expected to be percent and the bond account will return percent. When you retire, you will combine your money into an account with a return of percent. How much can you withdraw each month from your account assuming a year withdrawal period? Do not round intermediate calculations and round your answer to decimal places, eg
Withdrawal
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