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solina solina
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7 years ago
If you have $375,000 in an account earning 9% annually, what constant amount could you withdraw each year and have nothing remaining at the end of 20 years?
A) $7,500
B) $18,750
C) $66,912
D) $5,575
E) $41,080
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Heavy Heart Thank you bio-forums! Heavy Heart
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David_hessDavid_hess
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7 years ago
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solina Author
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7 years ago
this is exactly what I needed
Tim0301
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
TAT1238
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2 hours ago
Helped a lot
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