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12) a If you have $60,000 in an account earning 4 percent annually, what constant amount could you withdraw at the end of each year

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12) a If you have $60,000 in an account earning 4 percent annually, what constant amount could you withdraw at the end of each year and have nothing remaining at the end of 8 years? $3,525 b. $7,426 $8,912 d. $5,374 C. 13) At 9 percent compounded annually, how long will it take $625 to double? a. 6 years b. 8 years c. 9 years d. 11 years

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