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24 April, 20:28

Joanne finds a CD with 5% APR compounded annually. how much money will Joanne need to invest in this CD if she wants to have a yearly income of $35,000 when she retires? A. $850,000 B. $650,000 C. $700,000 D. $750,000

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  1. 24 April, 20:37
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    700,000
  2. 24 April, 20:37
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    Answer: $700,000
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