Question: During your 40 years of employment, you made yearly deposits to your retirement saving plan of 6000 . These deposits earned 4.0% interest. When you
During your 40 years of employment, you made yearly deposits to your retirement saving plan of 6000 . These deposits earned 4.0% interest. When you retire, you plan on withdrawing your savings over a 20 year period. What would be your annual retirement income from this savings plan?
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