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Mathematics, 06.06.2020 07:59 hurie98
You want to be able to withdraw $20,000 each year for 30 years. Your account earns 5% interest.
a) How much do you need in your account at the beginning?
$
Incorrect
b) How much total money will you pull out of the account?
$
Incorrect
c) How much of that money is interest?
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You want to be able to withdraw $20,000 each year for 30 years. Your account earns 5% interest.
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