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Your goal is to be able to withdraw $11,900 for each of the next eight years beginning one year from today and also to withdraw
Your goal is to be able to withdraw $11,900 for each of the next eight years beginning one year from today and also to withdraw $41,000 ten years from today. The return on the investment is expected to be 5%. The amount that needs to be invested today is closest to:
$84,321.
$102,082.
$76,912.
$138,220.
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