Business
Business, 19.02.2021 02:30, genyjoannerubiera

Suppose that you want to make monthly withdrawals of $15,000 per month at the end of the month for 372 months, starting at the end of the month after you turn 70. How much more must be saved at the end of each of your 40 years of working to enable you to make monthly withdrawals of $15,000 per month instead of the number that you found in part c, assuming that your savings earns the same 5% annual compound interest rate

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