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Please check your work! Thank you! Please view the following video before answering this question. Video Example 2.9 Video Example 2.10 Click here to access

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Please view the following video before answering this question. Video Example 2.9 Video Example 2.10 Click here to access the TVM Factor Table Calculator Using a 7% annual compound interest rate, what investment today is needed in order to withdraw $7,000 annually a. for 10 years? \$ b. for 10 years if the first withdrawal does not occur for 3 years? \$ Round your answers to the nearest dollar. The tolerance is 2

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