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Business, 25.05.2021 22:30 rexerlkman4145

Nelson Won wants to withdraw $25,000 (including principal) from an investment fund at the end of each year for five years. How should he compute his required initial investment at the beginning of the first year if the fund earns 10% compounded annually

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Nelson Won wants to withdraw $25,000 (including principal) from an investment fund at the end of eac...
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