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Mathematics, 29.03.2020 04:03 angelcjsdfv7139

Samantha finds a CD with 4.5% APR compounded annually. How much
money will Samantha need to invest in this CD if she wants to have a yearly
income of $45,000 when she retires?
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A. $950,000
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O
O
B. $1,200,000
c. $1,000,000
D. $1,500,000

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Answers: 1

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