Your uncle has $613,000 and wants to retire. He expects to live for another 20...
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Your uncle has $613,000 and wants to retire. He expects to live for another 20 years, and to be able to earn 9.3% on his invested funds. How much could he withdraw at the end of each of the next 20 years and end up with zero in the account? Your answer should be accurate to two decimal places.
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