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zloy xaker [14]
3 years ago
15

Jim wants to retire in 10 years what amount should he invest today so he can withdraw $25000 at the end of each year for 30 year

s. Assume he can invest money at 9% interest compounded annually
Mathematics
1 answer:
Rainbow [258]3 years ago
3 0

after 10 years it will be either $3,526 or 7%

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