182k views
1 vote
Jodi is retiring at the age of 65. When she retires, she estimates that she will need a monthly income for 25 years. If Jodi starts with $328,133.32 in an account that pays 6.2% interest compounded monthly, approximately what monthly income will she be able to draw?

2 Answers

5 votes

Answer:

$2,154 B

Explanation:

edge2021

User Rassar
by
7.9k points
0 votes

The correct answer is B:2,154

Explanation:

I just took the test.

User Bshack
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories