Laura retired from her job recently, and she has saved about $452,555.00 over the course of her career. She plans to withdraw $2,211.00 each month to pay for living expenses. After a certain amount of time, the balance in Laura's account is $408,335.00. How many months have passed since Laura retired?
23
16
20
97
@Godlovesme

Question

Laura retired from her job recently, and she has saved about $452,555.00 over the course of her career. She plans to withdraw $2,211.00 each month to pay for living expenses. After a certain amount of time, the balance in Laura's account is $408,335.00. How many months have passed since Laura retired?
23
16
20
97
@Godlovesme

anonymous · Answer

Well the simplest way to solve this would be to subtract 408,335$ from 452,550$ and then divide that by 2,211$ in order to get your answer.

anonymous · Answer

its 20.