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A widow currently has a $85,000 investment that yields 7 percent annually. Can she withdraw...

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Accounting

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A widow currently has a $85,000 investment that yields 7 percent annually. Can she withdraw $10,000 for the next fifeen years? Use ADpendix 0 to answer the question. Round your answer to the nearest dollar. The maximum amount that can be withdrawn is $ so she withdraw $10,000 for the next fifteen years. Would your answer be different if the yieid were 10 percent? Use Appendix D to answer the questlon, Round your answer to the nearest dollar. If the yield is 10 percent the maximum amount that can be withdrawn is $ so she withdraw $10,000 for the next fifteen years

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