She wants to be able to withdraw 100000 every year forever
Becky Scholes has $1,500,000 to invest. She wants to be able to withdraw $100,000 every year forever without using up any of her principal. What interest rate would her investment have to earn in order for her to be able to do so?
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becky scholes has 1500000 to invest she wants to be able to withdraw 100000 every year forever without using up any of
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