Question 1181794
This will be
P=d(1-(1+(r/k)^(-Nk))/(r/k), d is $30000, r is 0.04, k is 1
P=30000(1-(1.04^-30)/0.04
This is $518,761 needed at the beginning.
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You will pull out a total of $30K/yr*30 yr or $900,000
and the interest is $900,000-$518,761=$381,239