Florence started her retirement 10 years ago with a balance, Financial Management

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Florence started her retirement 10 years ago with a balance

Florence started her retirement 10 years ago with a balance of $500.000 in her retirement account. Her invesments have been growing at 5% per year. She has withdrawn 35000$ from her account each year. What is the remaining balance at her account now?

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Financial Management: Florence started her retirement 10 years ago with a balance

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Financial Management: Florence started her retirement 10 years ago with a balance

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