Question: your client has been given a trust fund valued at 1.60 million. She cannot access the money until she turns 65 years old, which is
Problem 4 and 5-4 Future Value and Number of Annuity Payments Your client has been given a trust fund valued at $1.60 million. She cannot access the money until she turns 65 years old, which years. At that time, she can withdraw $25,000 per month If the trust fund is invested at a 55 percent rate, how many months will it last your client once she starts to withdraw the money? not round intermediate calculations and round your final answer to 2 decimal places.) Number of months
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