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The withdrawals will take place annually starting today how

Question - Debbie has $368,882 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place annually starting today. How soon will the fund be exhausted if Debbie withdraws $30,000 each year? How many years?

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Accounting Basics: The withdrawals will take place annually starting today how

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