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You have $ 563,008 saved for retirement. Your account earns 2 % interest. How much will...

You have $ 563,008 saved for retirement. Your account earns 2 % interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 10 years?

$__________ (Give your answer accurate to 2 decimal places)

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Calculation of monthly withdrawal

Working for monthly withdrawal is shown below

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