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You have 1 0 0 , 0 0 0 to invest today. At 5 % per year. What sum can you withdraw at the end
You have to invest today. At per year. What sum can you withdraw at the end of each year for a period of years before your money is exhausted? If you were to withdraw this money at the beginning of each year, how much will you be able to withdraw? use exhibit IB round time value factors to decimal places and final answers to the nearest dollar amount
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