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OOOOOO A widow currently has a $97,000 investment that yields 7 percent annually. Can she withdraw $12,000 for the next fifteen years? Use Appendix D
OOOOOO A widow currently has a $97,000 investment that yields 7 percent annually. Can she withdraw $12,000 for the next fifteen years? Use Appendix D to answer the question. Round your answer to the nearest dollar. The maximum amount that can be withdrawn is $ so she Select withdraw $12,000 for the next fifteen years. Would your answer be different if the yield were 10 percent? Use Appendix to answer the question. Round your answer to the nearest dollar If the yield is 10 percent the maximum amount that can be withdrawn is $ so she Select withdraw $12,000 for the next fteen years
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