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Annual deposits of $5,000 are placed into a fund for the next 16 years. Beginning 12 years after the last deposit, annual withdrawals commence and

Annual deposits of $5,000 are placed into a fund for the next 16 years. Beginning 12 years after the last deposit, annual withdrawals commence and continue forever. Find the maximum size of the annual withdrawals if the fund earns 5.5% effective. Answer to nearest cent

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