Mathematics, 04.10.2020 02:01, maddireigh6403

Loren already knows that he will have $500,000 when he retires. If he sets up a payout annuity for 30 years in an account paying 10% interest, how much could the annuity provide each month?

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Loren already knows that he will have $500,000 when he retires. If he sets up a payout annuity for 3...