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You inherited $300,750 and invested it at 6.25% per year. How much could you withdraw at the beginning of each of the next 15 years?
You inherited $300,750 and invested it at 6.25% per year. How much could you withdraw at the beginning of each of the next 15 years?
| a. | $32,443. | |
| b. | $24,020. | |
| c. | $25,522. | |
| d. | $29,622. | |
| e. | $23,035. |
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
