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Your goal is to be able to withdraw $5,800 for each of the next eight years beginning one year from today. The return on the

Your goal is to be able to withdraw $5,800 for each of the next eight years beginning one year from today. The return on the investment is expected to be 10%. The amount that needs to be invested today is closest to: (Use appropriate factor(s) from the tables provided.)

a. $30,942.

b. $38,982.

c. $46,400.

d. $47,336.

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