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Business, 19.03.2021 02:30 moodyshaliyah01
ou are planning to save for retirement over the next 30 years. To do this, you will invest $890 per month in a stock account and $490 per month in a bond account. The return of the stock account is expected to be 10.9 percent, and the bond account will pay 6.9 percent. When you retire, you will combine your money into an account with a return of 7.9 percent. How much can you withdraw each month from your account assuming a 25-year withdrawal period
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ou are planning to save for retirement over the next 30 years. To do this, you will invest $890 per...
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