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If you have $150,000 in an account earning 6 percent annually, what constant amount could you withdraw at the end of each year and have
If you have $150,000 in an account earning 6 percent annually, what constant amount could you withdraw at the end of each year and have nothing remaining at the end of 10 years?(read question carefully. numbers are different from other questions asked on here.) |
$14,069 |
$7,426 |
$20,380 |
$12,214 |
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