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Business, 12.08.2020 04:01 sskibi1243
Racquel deposited $40,000 in an account paying 4.8% annual interest in 2009. She now wants to make four equal annual withdrawals from the account starting with the first withdrawal in 2021. Racquel also wants to have exactly $60,000 left in the account in 2026. How large can each of the annual withdrawals be?
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Racquel deposited $40,000 in an account paying 4.8% annual interest in 2009. She now wants to make f...
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