On your birthday, when you turned 7, $6100 was deposited in an account which earns...
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Accounting
On your birthday, when you turned 7, $6100 was deposited in an account which earns 9.5% compounded annually. a. How much can you withdraw annually for 16 years if the first withdrawal is made on the day you become 32? b. State the total amount of interest earned on this account. Thank you!
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