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How much could withdraw at the end

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Question 1: Suppose you earned a $200,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years?

Select the correct answer.

Option a. $20,747.17

Option b. $20,750.87

Option c. $20,761.97

Option d. $20,754.57

Option e. $20,758.27

Reference no: EM132490973

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