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17 August, 12:47

You want to leave $500,000 to charity after you die. you have $1,500,000 at retirement and a life expectancy of 20 years. if you can earn 5% per year, how much can you withdraw each year for 20 years and still have $500,000 left to give to charity when you die?

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  1. 17 August, 13:28
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    You can withdraw $100,000.
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