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You have $300,000 saved for retirement. Your account earns 9% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years…

You have $300,000 saved for retirement. Your account earns 9% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years…
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You have $300,000 saved for retirement. Your account earns 9% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years?

asked
User Mginn
by
8.3k points

1 Answer

5 votes

Answer:$121,000 a month

Explanation:

answered
User Loriann
by
8.9k points
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