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You wish to have $ 4 0 0 , 0 0 0 at the end of twenty - five years. In the last ten years,
You wish to have $ at the end of twentyfive years. In the last ten years, you contribute $ semiannually at a rate of compounded monthly. During the middle ten years, you withdraw $ quarterly at a rate of compounded annually. Given this information, determine the initial deposit that has to be made at the start of the first five years at a rate of compounded monthly.
A $
B $
C $
D $
E $
I know the answer is D but Anybody can explain it for me
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