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A widow currently has a $88,000 investment that yields 7 percent annually. Can she withdraw $22,000 for the next five years? Use Appendix D to

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A widow currently has a $88,000 investment that yields 7 percent annually. Can she withdraw $22,000 for the next five years? Use Appendix D to answer the question. Round your answer to the nearest dollar. The maximum amount that can be withdrawn is $ so she I withdraw $22,000 for the next five years. Would your answer be different if the yield were 9 percent? Use Appendix D to answer the question. Round your answer to the nearest dollar. If the yield is 9 percent the maximum amount that can be withdrawn is $ so st I withdraw $22,000 for the next five years. Interest Factors for the Present Value of an Annuity of One Dollar

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