Posted by **Melissa** on Monday, July 22, 2013 at 11:19am.

If upon retirement in 20 years Simon plans to invest $400,000 in a fund that earns 5%, what is the maximum annual withdrawal he can make over the following 15 years?

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March 23, 2017
Posted by **Melissa** on Monday, July 22, 2013 at 11:19am.

If upon retirement in 20 years Simon plans to invest $400,000 in a fund that earns 5%, what is the maximum annual withdrawal he can make over the following 15 years?

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