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(Ignore income taxes in this problem.) You have deposited $7,790 in a special account that has a guaranteed interest rate of 16% per year. If you are willing to completely exhaust the account, what is the maximum amount that you could withdraw at the end of each of the next 5 years? Select the amount below that is closest to your answer. a. $1,558 b. $2,542 c. $2,379 d. $1,618

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