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Amount of an Annuity John Goodheart wishes to provide for 6 annual withdrawals of $ 3 , 0 0 0 each beginning January 1 ,
Amount of an Annuity
John Goodheart wishes to provide for annual withdrawals of $ each beginning January He wishes to make annual deposits beginning January with the last deposit to be made on January
Required:
If the fund earns interest compounded annually at how much is each of the deposits?
Click here to access the PV and FV tables to use with this problem.
Round your answer to two decimal places.
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