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In order to help you through college, your parents just deposited $23,000 into a bank account paying 5.9% interest. Starting tomorrow you plan to withdraw equal amounts from the account at the beginning of each of the next four years. What is the MOST you can withdraw annually?

  • $2,851.94
  • $6,253.46
  • $6,325.63
  • $6,815.57
  • $6,996.38

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  • Category:- Basic Finance
  • Reference No.:- M91765753
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