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Your goal is to be able to withdraw $11,800 for each of the next nine years beginning one year from today and also to withdraw
Your goal is to be able to withdraw $11,800 for each of the next nine years beginning one year from today and also to withdraw $42,000 ten years from today. The return on the investment is expected to be 8%. The amount that needs to be invested today is closest to: (FV of $1. PV of $1. FVA of $1. and PVA of $1 (Use appropriate factor(s) from the tables provided.) O $129,306 O $73,713 O $93168 $75,407
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