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Business, 27.03.2020 00:47 camillexv2668

You deposit $5,000 per year at the end of each of the next 25 years into an account that pays 8% compounded annually. How much could you withdraw at the end of each of the 20 years following your last deposit if all withdrawals are the same dollar amount? (The twenty‐fifth and last deposit is made at the beginning of the 20‐year period. The first withdrawal is made at the end of the first year in the 20‐year period.)

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You deposit $5,000 per year at the end of each of the next 25 years into an account that pays 8% com...

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