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Using a 10% annual compound interest rate, what investment today is needed in order to withdraw $5,000 annually for 10 years if the first
Using a 10% annual compound interest rate, what investment today is needed in order to withdraw $5,000 annually for 10 years if the first withdrawal occurs at the end of year 3? $23,083 $28,866 $21,544 $25,391 $25,722
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