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Title: Your father now has $1,500,000 invested in an account that pays8.5%. He expects inflation to ... Post by: mickied on Jul 30, 2023 Your father now has $1,500,000 invested in an account that pays8.5%. He expects inflation to average2.8%, and he wants to make annual constant dollar (real) end-of-year withdrawals over each of the next25years and end up with a zero balance after the25thyear. How large will his initial withdrawal (and thus constant dollar [real] withdrawals) be? ▸ $108,621.49 ▸ $108,527.44 ▸ $109,392.08 ▸ $109,657.08 Title: Re: Your father now has $1,500,000 invested in an account that pays8.5%. He expects inflation to ... Post by: Redhawt75 on Jul 30, 2023 Content hidden
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