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Suppose You Inherited $175,000 and Invested It at 8

Question 137

Multiple Choice

Suppose you inherited $175,000 and invested it at 8.25% per year.How much could you withdraw at the end of each of the next 20 years?

A) $14,888.75
B) $18,157.02
C) $18,883.30
D) $15,070.32
E) $21,606.85

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