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Posted on Aug 28, 2024

an initial investment of 3 0 0 0 dollars accrues interest at a rate of 1 5 % annually ( compounded ) . At the

an initial investment of

3000

dollars accrues interest at a rate of

15 %

annually

(

compounded

) .

At the end of every year the investor can withdraw some dollar ammount from the investment. what fixed annual withdrawl would leave the investment worthless after exactky

10

years?

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