. Ms. Normal plans to make deposits into her retirement savings plan at Mt. Sterling...
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. Ms. Normal plans to make deposits into her retirement savings plan at Mt. Sterling State Bank each year while she is still working, and then to withdraw equal amounts from the account in each of her retirement years. She expects to work for 32 more years, saving $11,000 at the end of each of those years. Then she wants to make beginning-of-year withdrawals each year for the following 24 years that she expects to live in retirement. How much can each of the withdrawals be if she can earn 3.8% per year, throughout the life of the plan, on the account's remaining balance? O A. $44,373.89 OB. $27,723.03 OC. $42,749.41 O D. $26,708.12 E. $41,184.40
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