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Show all work please to help me check! Starting next year, you will withdraw $55,000 each year from an account. This account earns 12% compounded
Show all work please to help me check!
Starting next year, you will withdraw $55,000 each year from an account. This account earns 12% compounded quarterly. How much must you have in your account today to make sure you have enough money to cover your needs for the next 5 years Step by Step Solution
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