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(40 pts.)Jerry's sister, Amber the Chipmunk (she's adopted) is planning to invest $14,000 in an account earning 8% interest, compounded monthly. From this account,

(40 pts.)Jerry's sister, Amber the Chipmunk (she's adopted) is planning to invest $14,000 in an account earning 8% interest, compounded monthly. From this account, she plans to make five uniform annual withdrawals with the first withdrawal happening five years from now. How large should these annual withdrawals be? Draw a cash flow diagram. A=? 1 2 3 4 5 6 7 8 9 10 14000

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