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Bernie has been making payemtn if 900$ at the end of each year for 30 years into an account earning an interest rate of 6%
Bernie has been making payemtn if 900$ at the end of each year for 30 years into an account earning an interest rate of 6% compounded yearly. the amount in the account after 30 years is $71,152.37. for the next 18 years, Bernie will make equal withdrawls at the end of each year, reducing the balance of the account to zero. What is the amount of the yearly withdrawal?
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