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After 25 years of teaching, Linda Adams has decided to retire and start collecting her pension. The pension fund manager assumes he can earn a

After 25 years of teaching, Linda Adams has decided to retire and start collecting her pension. The pension fund manager assumes he can earn a 12 percent return on her assets. Her fund has an accumulated value of $250,000 and she is expected to live 19 more years Based on these expectations, calculate her yearly annuity for the next 19 years. (Enter your answer as a positive number rounded to 2 decimal places.)

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