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Ms. Henry accumulates $800,000 and retires. She can earn 3.5% interest rate on her account. If she withdraw a constant amount the beginning of each
Ms. Henry accumulates $800,000 and retires. She can earn 3.5% interest rate on her account. If she withdraw a constant amount the beginning of each year, how much can she spend each year so her saving can support 25 years of living? Select one: O a. $46,230.52 O b. $46,897.81 O c. $48,250.37 O d. $51,448.75
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