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If you set yourself a goal of investing X amount today, earning interest at 5%, in order to withdraw $10,000 at the end of each

If you set yourself a goal of investing X amount today, earning interest at 5%, in order to withdraw $10,000 at the end of each year for the next three years, how much is X? Multiple Choice $31525 $30,000 None of the other alternatives are correct Between $25,000 and $26,000 $27232

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