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Sarasota Corporation wants to withdraw $127,690 (including principal) from an investment fund at the end of each year for 9 years. What should be the

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Sarasota Corporation wants to withdraw $127,690 (including principal) from an investment fund at the end of each year for 9 years. What should be the required initial investment at the beginning of the first year if the fund earns 11%? (Round factor values to 5 decimal places, eg 1.25124 and final answer to decimal places, eg 458,581.) Required initial investment

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