Present and future value tables of $1 at 3% are presented below: Debbie has $167,391...
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Accounting
Present and future value tables of $1 at 3% are presented below: Debbie has $167,391 accumulated in a 401K plan. The fund is eaming a low, but safe, 3% per yeac. The withdrawals will take place annually starting today. How soon will the fund be exhausted if Debble withdraws $30,000 each year
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