Auntie Kitty sells her house for $100,000, which is then invested to earn 7 percent annually.

 

 

Auntie Kitty sells her house for $100,000, which is then invested to earn 7 percent annually.

 

Auntie Kitty sells her house for $100,000, which is then invested to earn 7 percent annually. If her life expectancy is 10 years, what is the maximum amount she can annually spend on a nursing home, doctors and taxes?

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Auntie Kitty sells her house for $100,000, which is then invested to earn 7 percent annually. If her life expectancy is 10 years, what is the maximum amount she can annually spend on a nursing home, doctors and taxes?


 

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