Question:You
have received a $60,000 inheritance that you invested and earns 9%.
If you withdraw $8,000...
Question
You
have received a $60,000 inheritance that you invested and earns 9%.
If you withdraw $8,000...
You
have received a $60,000 inheritance that you invested and earns 9%.
If you withdraw $8,000 annually to supplement income, how many
years will you have before the fund runs out?