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You want to be able to withdraw $45,000 each year for 15 years. Your account earns 5% interest. a) How much do you need in

You want to be able to withdraw $45,000 each year for 15 years. Your account earns 5% 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? $ 675000 Correct

c) How much of that money is interest? $

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