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Suppose you inherited $645,000 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 $645,000 and invested it at 8.25% per year. How much could you withdraw at the beginning of each of the next 20 years?
a. | $66,148.80 | |
b. | $56,875.61 | |
c. | $59,966.67 | |
d. | $62,439.53 | |
e. | $61,821.31 |
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