Henry Quincy wants to withdraw $36,010 each year for 10 years from a fund that earns

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January 2nd, 2018

Henry Quincy wants to withdraw $36,010 each year for 10 years from a fund that earns 9% interest. how much must he invest today if the first withdrawal is at year-end? and how much must he invest today if the first withdrawal takes place immediately? (round factor values to 5 decimal places).

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