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4. What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a first withdrawal of $3,000 is made at

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4. What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a first withdrawal of $3,000 is made at the end of year 11 and subsequent withdrawals increase at the rate of 6% per year over the previous year's rate if d ash flow dia (a) the interest rate is 8% compounded annually? (b) the interest rate is 6% compounded annually? ezuirnd

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