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You want to be able to withdraw $45,000 each year for 20 years. Your account earns 8% interest. a) How much do you need in

You want to be able to withdraw $45,000 each year for 20 years. Your account earns 8% interest.

a) How much do you need in your account at the beginning?

$

b) How much total money will you pull out of the account?

$

c) How much of that money is interest?

$

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