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Find and evaluate how much is x

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Reference no: EM132741824

Problem 1: If you set yourself a goal of investing X amount today, earning interest at 10%, in order to withdraw $32,321 at the end of each year for the next four years, how much is X?

a. $10,196
b. $129,284
c. None of the other alternatives are correct
d. $102,454
e. $22,075

Reference no: EM132741824

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