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on 2 Ross has been saving all of his working life for retirement. He believes...

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Finance

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on 2 Ross has been saving all of his working life for retirement. He believes Finis that he has enough in his account to retire. If he currently has $900,000 ed Tim in his account and the account is earning an average of 5.9% per year out of (with monthly compounding). How much can he withdraw every month for 15 years, assuming there will be no money left in the account after 15 years? Select one: a. $5,295 b. $7,546 c. $6,792 d. $8,301 e. $6,539

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