Question 1015960: I have $125000 that makes 2 1/2 % interest. I want to draw $600 a month out of it. How long will the money last? Answer by fractalier(6550) (Show Source):
You can put this solution on YOUR website! I like this problem however you did not state whether interest is simple or compounded and if compounded, how often? If you will restate it, I or someone else will help you.
