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How much should Mary deposit into a fund today in order to be able to make 8 annual withdrawals of $5,000 from the fund? The

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How much should Mary deposit into a fund today in order to be able to make 8 annual withdrawals of $5,000 from the fund? The first withdrawal is at the end of 3 years. Interest is at 6.5% p.a. (effective rate). Select one: A. $30,444 X B. $25,203 C. $26,841 D. $32,423

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