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6 - How much should be deposited now if you wish to withdraw $ 6 , 7 0 0 monthly in perpetuity? The annual interest

6 -

How much should be deposited now if you wish to withdraw $

6, 700

monthly in perpetuity? The annual interest rate is

5.7 % .

.

600.00

.

1, 410, 625

.

117, 345

.

1, 410, 526

.

117, 543

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