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Jack Rabbit has saved $12,000 annually for the past 35 years in an account earning 8%. If Jack estimates that he will live for an

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Jack Rabbit has saved $12,000 annually for the past 35 years in an account earning 8%. If Jack estimates that he will live for an additional 25 years, how much will he be able to withdraw annually during his retirement (assuming 8% interest)? $187,703 $189,705 $191,707 $193,709

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