Question: Question 6 If $ 4 8 , 8 5 0 is invested in a fund offering a rate of return of 3 . 3 3

Question 6
If $48,850 is invested in a fund offering a rate of return of 3.33% per year, what is the closest
value of the equal withdrawals that can be taken out of the account at the end of each of the
next 15 years if the investor plans to deplete the account at the end of the time period?
$3,588.
$4,885.
$5,350.
$4,190.
Question 6 If $48,850 is invested in a fund offering a

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