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Suppose You Inherited $275,000 and Invested It at 8

Question 100

Multiple Choice

Suppose you inherited $275,000 and invested it at 8.25% per year.How much could you withdraw at the end of each of the next 20 years?


A) $28,532
B) $29,959
C) $31,457
D) $33,030
E) $34,681

Correct Answer:

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