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Suppose you earned a $575,000 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 $575,000 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. $59,639.76b. $59,649.26c. $59,658.76d. $59,668.26e. $59,630.26

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