You have $45,000 in an account earning an interest rate of 3%. What are the equal...

You have $45,000 in an account earning an interest rate of 3%. What are the equal beginning-of-month withdrawals you can make from this account before it is depleted in 25 years? Round to the nearest cent.

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SOLVED USING (I) AND (II) FINANCIAL FORMULA

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You have $45,000 in an account earning an interest rate of 3%. What are the equal...

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