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Suppose you inherited $1,475,000 and invested it at 8.25% per year. How much could you withdraw at the beginning of each of the next 20

Suppose you inherited $1,475,000 and invested it at 8.25% per year. How much could you withdraw at the beginning of each of the next 20 years?

Select the correct answer.

a. $141,346.92

b. $141,374.32

c. $141,319.52

d. $141,333.22

e. $141,360.62

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