Funds remain an account earning

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Reference no: EM13948727

Your retirement 401k statement indicates that you have 750,000. If the funds remain an account earning 9%, how much could you withdraw at the beginning of each year for the next 25 years/

a. 70,050

b. 35,830

c. 2,500

d. 55,620

Reference no: EM13948727

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