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You have $40,000 which earns 8% annual interest with quarterly compounding. What is the maximum amount you can withdraw each quarter for the next 5

You have $40,000 which earns 8% annual interest with quarterly compounding. What is the maximum amount you can withdraw each quarter for the next 5 years?

$1,646.27

$2,000

$2,446.27

$10,01828

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