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A deposit of $10,000 is made today. Semi-annual withdrawals of $ R are made for 15-years, first withdrawal made 6-months from today. The fund earns
A deposit of $10,000 is made today. Semi-annual withdrawals of $R are made for 15-years, first withdrawal made 6-months from today. The fund earns interest at j2 = 10% for the first 6-years and j2 = 6% thereafter. What is R?
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