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Can she withdrawal 16000 per year for the next 10 years

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An investment generates 10000 per year for 25 years. If you can do arm 10 percent on other investments what the current value of this value of this investment. If it is current price is 120,000 should you buy it. A widow currently has a 93000 investment yielding 9 percent annually can she withdrawal 16000 per year for the next 10 years?

Reference no: EM131823082

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