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Question 17 4 pts Jacob Strode is going to make 50 annual unequal withdrawals from his savings with the first withdrawal occurring at t=1 and

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Question 17 4 pts Jacob Strode is going to make 50 annual unequal withdrawals from his savings with the first withdrawal occurring at t=1 and the lost withdrawal occurring at t-50. He wants each withdrawal to have the same purchasing power as $60,000 has today so the withdrawals need to scow at a constant rate of 3% to compensate for expected inflation per year. His account eams 9% per year. How much needs to be in his account today for him to be able to make the 50 withdrawals? O a. $1,056,509 b. $969,274 O c. 889,242 d. $982,144 e. None of the above is within $200 of the correct

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