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On your birthday, when you turned 25, $25500 was deposited in an account which earns 8% compounded annually. a. How much can you withdraw annually
On your birthday, when you turned 25, $25500 was deposited in an account which earns 8% compounded annually. a. How much can you withdraw annually for 15 years if the first withdrawal is made on the day you become 50? $ b. State the total amount of interest earned on this account. $
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