Multiple Choice
Suppose you inherited $1,135,000 and invested it at 8.25% per year.How much could you withdraw at the beginning of each of the next 20 years?
A) $93,556.25
B) $87,029.07
C) $82,677.62
D) $108,786.34
E) $126,192.16
Correct Answer:
Verified
Correct Answer:
Verified
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