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You have saved 1,000,000 dollars for your retirement. The money is currently invested at 8% interest rate. How much can you withdraw every year starting

"You have saved 1,000,000 dollars for your retirement. The money is currently invested at 8% interest rate. How much can you withdraw every year starting one year from now if you plan to make withdrawals for 20 years?"

a."94,393" b."87,185" c."80,243" d."100,927" e."101,852"

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