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Suppose you wish to withdraw $3000 per year from a savings account each year, forever. If the account earns 13% annual interest, how much must

Suppose you wish to withdraw $3000 per year from a savings account each year, forever. If the account earns 13% annual interest, how much must be in the account now?

$33,900.00

$43,333.33

None of these

$23,076.92

$39,000.00

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