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You have $2,500,000 in an account earning 4%. You take $20,000 out of your account...

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Accounting

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You have $2,500,000 in an account earning 4%. You take $20,000 out of your account at the end of each month. How long will it take for your account to be completely depleted? 13.5 years 20.8 years 19.3 years 17.1 years

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