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Your goal is to be able to withdraw $4,000 for each of the next ten...

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Accounting

Your goal is to be able to withdraw $4,000 for each of the next ten years beginning one year from today. The return on the investment is expected to be 10%. The amount that needs to be invested today is closest to: (Table A.1, Table A.2, Table A.3, and Table A.4) (Use appropriate factor(s) from the tables provided.)

$24,578.

$40,000.

$40,972.

$32,618.

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