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11 thank you 5 M Gmail YouTube GE News Maps D Exam Instructions Question 11 of 20 : Select the best answer for the question.

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5 M Gmail YouTube GE News Maps D Exam Instructions Question 11 of 20 : Select the best answer for the question. 11. (Ignore income taxes in this problem.) Assume you can invest money at a 14 percent rate of return. How much money must be invested now to be able to withdraw $5,000 from this investment at the end of each year for eight years, the first withdrawal occurring one year from now? O A. $24,840 O B. $21,440 O C. $23, 195 O D. $1,755

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