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Quincy wants to withdraw 35,900 each year for 10 years from a fund that earns 5% interest. HOw much must invest today if the first
Quincy wants to withdraw 35,900 each year for 10 years from a fund that earns 5% interest. HOw much must invest today if the first withdrawal is at year end? How much must invest today if the first withdrawal takes place immediately?
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