Suppose 10 years ago your father deposited $25,000 in an account earning 5.6%. Every year you

| December 4, 2017

Suppose 10 years ago your father deposited $25,000 in an account earning 5.6%. Every year you withdrew $1,500. Obtain today’s value.Options:A) 23696.42B) 23706.42C) 23716.42D) 23726.42E) none of the above

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