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A systems engineer named Allan is initiating a plan offering a 1 2 % interestrate compounded quarterly accumulates funds in an account over the next

A systems engineer named Allan is initiating a plan offering a 12% interestrate compounded quarterly accumulates funds in an account over the next 35 years to support a retirement plan that involves 30 annual withdrawals commencing at end of 36 th year. Initial withdrawal of $200000 with them increasing 8000 annually. Anticipates a 3% yearly increase in annual income. During working career begin with deposit. at end of first year and increase deposit by 3% each year.
a. How much money Alan must have in retirement account. need initial deposit amount.
b. amount of Allan's first deposit
c. Determine future value of all Allan's withdrawals

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