jane would like to take a sabbatical from work. in order to pay for her living expenses during her sabbatical, she would

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answerhappygod
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jane would like to take a sabbatical from work. in order to pay for her living expenses during her sabbatical, she would

Post by answerhappygod »

jane would like to take a sabbatical from work. in order to pay
for her living expenses during her sabbatical, she would need to
withdraw 60,000 at the end of every year. jane currently has
253,832.40 saved. assuming an interest rate of 11% compounded
annually, how many years of sabbatical can jane take?
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