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Catherine Dohanyos plans to retire in 1 5 years. She will make 1 5 years of monthly contributions to her retirement account. One month after
Catherine Dohanyos plans to retire in
years. She will make
years of monthly contributions to her retirement account. One month after her lastcontribution she will begin the first of years of withdrawals. She wants to withdraw $
per month. How large must her monthly contributions be in order to accomplish her goal if the account earns interest of
compounded monthly for the duration of her contributions and the months ofwithdrawals
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