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SHOW FORMULAS PLEASE Jeff has $800,000 in his Bank account with an annual interest rate of 4%. He is planning to utilize $25,000 for his

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SHOW FORMULAS PLEASE

Jeff has $800,000 in his Bank account with an annual interest rate of 4%. He is planning to utilize $25,000 for his annual expenditures for the next 25 years . Calculate how much he will have remaining after 25 years in his bank account. Format the cell nicely. (20 pts)

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