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Activity 3.1c Kelvin Lee, 65 years old just retired from his job. Recently he won a cash price from a competition amounted to $110,400. He

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Activity 3.1c Kelvin Lee, 65 years old just retired from his job. Recently he won a cash price from a competition amounted to $110,400. He plans to save this money to support his retirement savings. Instead of spending the money immediately, Kelvin deposit this money into an investment with an estimation to withdraw and equal amount of $15,000 per year for the next 10 years. Advise Kelvin on the appropriate investment rate in order for him to achieve his financial plan

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