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Your aunt wants to retire and has $520,000. She expects to live for another 25 years and to earn 7.5% on her invested funds. How
Your aunt wants to retire and has $520,000. She expects to live for another 25 years and to earn 7.5% on her invested funds. How much could she withdraw at the end of each of the next 25 years and end up with zero in the account?
Select the correct answer.
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