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You deposit $5,000 starting today (your 20th birthday) and continue to do so until your 50th birthday. The account pays 12% compounded daily. How much
You deposit $5,000 starting today (your 20th birthday) and continue to do so until your 50th birthday. The account pays 12% compounded daily. How much could you withdraw starting your 51st birthday until your 70th birthday? Assume the interest rate is compounded daily until your 70th birthday.
A) $216,103.15
B) $215,522.43
C) $221,277.64
D) $222,529.79
E) $122,529.79
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