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FIN 341 Fall 2021 Principles of Finance Question 24, Instructor-... HW Score: 55.56%, 25 of 45 points Points: 0 of 3 TIT Save ha
FIN 341 Fall 2021 Principles of Finance Question 24, Instructor-... HW Score: 55.56%, 25 of 45 points Points: 0 of 3 TIT Save ha t th king You have $1.8 million in an account that earns 4% per year. You withdraw $93,000 per year with the first withdrawal one year from now. at fir A. How many full $93,000 withdrawals can you make? B. What would be the amount of your final, partial withdrawal? Report your answer in dollars to the nearest cent. pe
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