Kwame Annan retired today with $2,500,000 in his retirement account. Kwame invests this amount in another retirement account that pays 6 percent per year. He plans to withdraw $11,200 a month from his retirement account and leave the rest (if any) as bequest to his descendants. If Kwame lives for 40 years in retirement, how much will he leave as bequest
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Kwame Annan retired today with $2,500,000 in his retirement account. Kwame invests this amount in an...
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