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Posted on Oct 19, 2024

Suppose you have inherited $ 1 0 , 0 0 0 , and you invest all of the money into an account earning 5 percent

Suppose you have inherited $

10, 000,

and you invest all of the money into an account earning

5

percent interest per year. Assuming no inflation, which of the following can you spend each

year and still meet the sustainability criterion?

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