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6. You have $100,000 to invest, and you can earn 4% interest, compounded annually. If you want to withdraw equal amount payments for 4 years,
6. You have $100,000 to invest, and you can earn 4% interest, compounded annually. If you want to withdraw equal amount payments for 4 years, how much can you withdraw each year, and leave $0 in the investment account? Your first withdrawal will be one year from today. a. close to $27,548 b. close to $29,778 c. close to $31,668 d. none of the above
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