You expect to have the given amount in an account with the given terms. Find how much you can withdraw periodically in order to make the account last the specified amount of time. Round your answer to...


You expect to have the given amount in an account with the given terms. Find how much you can withdraw periodically in order to make the account last the specified amount of time. Round your answer to the nearest cent.


Account balance: $600,000


Interest rate: 4.85%


Frequency:monthly


Time: 17 years



Jun 05, 2022
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