Suppose You Inherited $275,000 and Invested It at 8

question 100

Multiple Choice

Suppose you inherited $275,000 and invested it at 8.25% per year.How much could you withdraw at the end of each of the next 20 years?

• A)$28,532
• B)$29,959
• C)$31,457
• D)$33,030
• E)$34,681

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