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You plan on saving $8,000 a year (as a regular annuity) for the next 30 years. You will then make equal withdrawals for each of

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You plan on saving $8,000 a year (as a regular annuity) for the next 30 years. You will then make equal withdrawals for each of the next 25 years (also a regular annuity). If the interest rate is 10% annually over the first 30 years but only 8% compounded annually for the remaining 25 years, what will be the amount of each withdrawal? 5. A. 144,975.56 B. 99,841.54 C. 331.54 D. 317.93 E. 123,276.79

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