Question: You will save or invest $ 9 , 0 0 0 per year for the next 3 0 years. Your opportunity cost of funds is

You will save or invest $9,000 per year for the next 30 years. Your opportunity cost of funds is usually about 7.5%. Once you have completed this savings
plan, how much can you withdraw from your account for the next 25 years if (1) you continue to earn 7.5% annually and (2) you intend to run the account
down to $0?
Enter your answer as a regular dollar amount rounded to the nearest whole dollar. Do not enter dollar signs, percent signs, or commas. (If Connect
adds these things, that's okay.)
For example, if you calculate $54,611.67, you would enter 54612. Or if you calculate $436,12, you would enter 436.
 You will save or invest $9,000 per year for the next

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