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How much money does Cynthia need to deposit into her investment account today if she wishes to withdraw $120,000 a year for 25 years, starting
How much money does Cynthia need to deposit into her investment account today if she wishes to withdraw $120,000 a year for 25 years, starting at the end of the year? She expects to earn an average rate of return of 12 percent. $941,176.69 $703,287.38 $804,298.28 $605,298.40
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