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QUESTION 34 With $1.5 million in an account expected to earn 8% annually over the retiree's 30 years of life expectancy, what annual annuity can

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QUESTION 34 With $1.5 million in an account expected to earn 8% annually over the retiree's 30 years of life expectancy, what annual annuity can be withdrawn, beginning today? (Round to the nearest dollar). A. $ 50,000 B. $120,000 C. $123,371 D. $133,241 E. None of the above

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