Question | An industrial engineer is planning for her early retirement 25 years from now. She believes she can comfortably set aside $10,000 each year starting now. If she plans to start with drawing money 1 year after she makes her ast deposit (i.e., year 26), what uniform amount could she withdraw each year for 30 years, if the account earns interest at a rate of 8% per year? $63,492 $71,023 $65,110 $69,666 |
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Subject | economy |