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3. On Mr. Pimentel's 55th birthday, the Pimentels decide to sell their house and move into an aparttnent. They realize $150 000 on the sale

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3. On Mr. Pimentel's 55th birthday, the Pimentels decide to sell their house and move into an aparttnent. They realize $150 000 on the sale of the house and invest this money in a fund paying i(3) = 6%. On Mr. Pimentel's 65th birthday they make their first of 120 monthly withdrawals that will exhaust the fund. What is the dollar size of each withdrawal

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