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1 ) You are going to put $X into an account each year for 5 years, beginning in Year 1 . Then, from Years 9

1)You are going to put $X into an account each year for 5 years, beginning in Year 1. Then, from Years 9 through 12, you will withdraw $2,000 per year. If the account has an annual interest rate of 11%, what is X?
2)You deposit $1,200 in an account each year for 5 years, starting at the end of Year 1. At the end of Year 5, you withdraw half of the account balance. You then deposit $3,300 each year for five more years (starting at the end of Year 6). At the end of Year 15, you withdraw the entire amount. There are no additional payments in Years 11 through 15. The account earns 8% per year.
a)How much is withdrawn at the end of Year 5?
b)How much is withdrawn at the end of Year 15?

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