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How much do you need to invest in equal annual amounts for the next 10 years if you want to withdraw $5000 at the end

How much do you need to invest in equal annual amounts for the next 10 years if you want to withdraw $5000 at the end of the eleventh year and increase the annual withdrawal by $1000 each year thereafter until year 25? The interest rate is 6%, annually.

a. 57620

b.75260

c.57720

d.75260

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