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You will deposit $6,000 today. It will grow for 9 years at 10% interest compounded semiannually. You will then withdraw the funds annually over the
You will deposit $6,000 today. It will grow for 9 years at 10% interest compounded semiannually. You will then withdraw the funds annually over the next 7 years. The annual interest rate is 8%.
A) $4,029 B) $6,021 C) $1619 D) $2774
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