Question:your father has $500,000 earned at 6% now, and he wants to retire.
he wants to...
Question
your father has $500,000 earned at 6% now, and he wants to retire.
he wants to...
your father has $500,000 earned at 6% now, and he wants to retire.
he wants to withdraw $40,000 at the beginning of each year,
beginning immediately. how many years will it take to exhaust his
funds