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Question 14 of 17 - /5.88 View Policies Current Attempt in Progress Cindy Monroe wants to create a fund today that will enable her to
Question 14 of 17 - /5.88 View Policies Current Attempt in Progress Cindy Monroe wants to create a fund today that will enable her to withdraw $35,100 per year for 7 years, with the first withdrawal to take place 5 years from today. Click here to view factor tables If the fund earns 15% interest, how much must Cindy invest today? (Round factor values to 5 decimal places, c.8. 1.25124 and final answers to decimal places, e3. 458,581.) Investment amount $ e Textbook and Media Attempts: 0 of 3 used Submit Answe Save for Later
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