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11. One 40 old lady deposits $2500 into a retirement account at the beginning of each year for 20 years. Starting at age 60, she
11. One 40 old lady deposits $2500 into a retirement account at the beginning of each year for 20 years. Starting at age 60, she will make 15 annual withdrawals at the end of each year. Calculate the largest possible amount of each level withdrawal if the effective annual rate of interest is 3.5% for the first 20 years and 4.5% thereafter.
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