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Problem 7-21 Auntie kitty sells her home for $250,000, which is then invested to eam 4 percent annually. If her life expectancy is fifteen years,

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Problem 7-21 Auntie kitty sells her home for $250,000, which is then invested to eam 4 percent annually. If her life expectancy is fifteen years, what is the maximum amount the can annually spend on a nursing home, doctors, and taxes? Use Appendix D to answer the question. Round vour answer to the nearest dollar The maximum amount that can be annually spendiss there were to double to percent will the amount the may und each year more than double and to as the question then to the amount that can be arraysband will less than double and bequal to

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