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Mila has an investment account with a balance of $125,000. She intends to make withdrawals each year for the next 15 years from this account.
Mila has an investment account with a balance of $125,000. She intends to make withdrawals each year for the next 15 years from this account. Ifthe investment account earns 10%, compounded annually, how much can Mila 4. receive at the end of each year? a. $12,500.00. b. $14,940.20 c. $16,434.22. d. $17.386.16
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