Question: Close Window > A Moving to another question will save this response. Question 13 of 25 >>> Question 13 1 points Save Answer An individual

 Close Window > A Moving to another question will save this

Close Window > A Moving to another question will save this response. Question 13 of 25 >>> Question 13 1 points Save Answer An individual retires at age 65 with $1,000,000 in his/her retirement account. What is the amount that this individual can withdraw from this account in the form of an annual annuity due over the next 20 years, assuming a 5% simple annual rate of interest? O a. $84.254 b. $76,422 OC. $50,000 od. $80.242 A Moving to another question will save this response. > Close Window

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