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Suppose you earned a $420,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each

Suppose you earned a $420,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years?

Select the correct answer.

a. $43,571.14

b. $43,565.44

c. $43,588.24

d. $43,582.54

e. $43,576.84

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