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You are ready to retire. A glance at your 401(k) statement indicates that you have $750,000. If the funds remain in an account earning 9.0%,

You are ready to retire. A glance at your 401(k) statement indicates that you have $750,000. If the funds remain in an account earning 9.0%, how much could you withdraw at the end of each year for the next 25 years?

A. $78,500

B. $75,620

C. $76,355

D. $77,830

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