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Question 1 2 pts Ms Ivanka Strump changes employers at age 38. She is given $78,000 as a termination payment at that time. She invests
Question 1 2 pts Ms Ivanka Strump changes employers at age 38. She is given $78,000 as a termination payment at that time. She invests this money in a retirement savings account which pays interest at 5% p.a, and will leave it there until her retirement at age 65. She plans on making 25 equal annual withdrawals from this account, with the first withdrawal on her 66th birthday. The maximum amount of these withdrawals is: $21.270.69 $19,678.13 $5,534.29 $21,695.14 $20,662.04
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