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Suppose you earned a $515,000 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 $515,000 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. $53,400.30b. $53,425.20c. $53,433.50d. $53,416.90e. $53,408.60

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