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You wish to establish an annuity that will pay you $3,500 each year for fifteen years. If your financial institution pays 3.85% interest, how much

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You wish to establish an annuity that will pay you $3,500 each year for fifteen years. If your financial institution pays 3.85% interest, how much must you deposit today to make this series of withdrawals? O $69.306.52 $46,560,09 O $39,325.71 O $90.909.09 O $40,839.75 You are developing a financial plan where you can make three future withdrawals from your bank account. You wish to withdraw $6,000 in three years, $8.000 in seven years, and $5.000 in eleven years. If your bank pays 3.50% interest, how much must you deposit today to make these three withdrawals? O $13,957 O $14.217 $9,846 O $15.124 O $16.382

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