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An investment account returns 2.81% annually. You want to withdraw $9,000 each year for the next 9 years. How much do you have to deposit
An investment account returns 2.81% annually. You want to withdraw $9,000 each year for the next 9 years. How much do you have to deposit today? Note: Present Value is the amount of money that needs to be invested today to be able to collect or withdraw a series of periodic equal payments. $70.300 $70,700 $70,500 $70,900
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