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Solving for the Cash Flows If $80,000 is invested in a fund on December 31, 2019, what is the amount of each of 6 annual
Solving for the Cash Flows If $80,000 is invested in a fund on December 31, 2019, what is the amount of each of 6 annual withdrawals starting on December 31, 2020, that would deplete the fund if the interest rate earned in the fund is 10% compounded annually? (Click here to access the PV and FV tables to use with this problem.) Round your answer to two decimal places.
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