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Posted on Sep 04, 2024

How much must you have saved if the account earns 12% annually if you plan to withdraw $5000 per year for the next 10 years

How much must you have saved if the account earns 12% annually if you plan to withdraw $5000 per year for the next 10 years when there is nothing left?


		$28,251.12
		$87,746.78
		$87,743.68
		$15,529.24 None of the above

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