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Amy Monroe wants to create a fund today that will enable her to withdraw 25,000 per year for 8 years, with the first withdrawal to
Amy Monroe wants to create a fund today that will enable her to withdraw 25,000 per year for 8 years, with the first withdrawal to take place in 5 years from today. If the fund earns 8% interest, how much mush Amy invest today? (solve using the financial calculator method fv= pv= n=..... etc) (show ur steps and explain why)
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