Question: Question 5 1 pts You will save $12,000 per year for the next 30 years. You will earn 11% on your savings. At the end

Question 5 1 pts You will save $12,000 per year for

Question 5 1 pts You will save $12,000 per year for the next 30 years. You will earn 11% on your savings. At the end of 30 years, you will retire, and you expect to live for 40 years after that. How much can you withdraw every year for 40 years and not run out of money? Round your answer to the nearest whole number, for example 400

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