After a long career an engineer retires with 14 million in, Ask an Expert

Economics

After a long career an engineer retires with $1.4 million in a retirement account. The engineer spends $94,000 per year from this account in retirement and the account earns 3% interest per year. How many years will the retirement account last? Express your answer in years to the nearest whole year.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91708262

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