Question: You put $ 4 0 0 , 0 0 0 in an account earning a 6 % rate of return. You take $ 5 ,

You put $400,000 in an account earning a 6% rate of return. You take $5,000 out of this sccount each month. How long will it take for this scount to be completely depleted?
88.24 years
2637 ytary
854 years
405 A2
You put $ 4 0 0 , 0 0 0 in an account earning a 6

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