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Suppose you earned a $430,000 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 $430,000 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. $44,593.98
b. $44,600.78
c. $44,587.18
d. $44,614.38
e. $44,607.58
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