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by using tables 1. A person invested 1,500,000 SR in an account that pays 15 % compounded annually. The first withdraw happens at the end

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by using tables
1. A person invested 1,500,000 SR in an account that pays 15 % compounded annually. The first withdraw happens at the end of year 3. The payments increase at 5 % every year until the end of 6th year. Thereafter, the payments decrease by 3,000 SR every year. The planning horizon is 15 years. Calculate the value of the first withdraw such that this investment is attractive (Use PW analysis)

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