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Question 10 (1 point) Simone has $15,000 invested in a mutual fund. She has set up a withdrawal plan, in which she withdraws 10% at

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Question 10 (1 point) Simone has $15,000 invested in a mutual fund. She has set up a withdrawal plan, in which she withdraws 10% at the beginning of each year. Assuming that the portfolio will grow by a steady 8% per year, what is the value remaining in the portfolio at the end of the second year? a) $14,580.00 Ob) $14.171.76 Oc) $13,500.00 d) $14,246.40

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