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soldier1979 [14.2K]
4 years ago
14

How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a ra

te of 8% compounded annually?
Mathematics
1 answer:
morpeh [17]4 years ago
3 0
I think its <span>$117,817.20</span>
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