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You have deposited $100,000 in an account and plan on withdrawing monthly payments for the next ten years from the account. If the rate of

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You have deposited $100,000 in an account and plan on withdrawing monthly payments for the next ten years from the account. If the rate of return is 8%, determine the value of the monthly withdrawals. a. $2,013.28 b. $1,813.28 c. $1,613.28 d. $1,413.28 e. $1,213.28 Clear my choice

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