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You will deposit $13,000 today. It will grow for 7 years at 12% interest but compounded semiannually. You will then withdraw the funds annually over

You will deposit $13,000 today. It will grow for 7 years at 12% interest but compounded semiannually. You will then withdraw the funds annually over the next 5 years. The annual interest rate is 10%. Your annual withdrawal will be: Use Appendix A and Appendix D to calculate the answer. Multiple Choice $9.008 $11,000 $4.815 $9,008 $11,000 $4,815 $7,753

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