Chen is $65$ years old and about to retire. She has $$$$681000$ saved to supplement his pension and Social Security and would like to withdraw it in equal annual dollar amounts so that nothing is left after $17$ years. How much does she have to withdraw each year if she earns $7$ percent on her$$ money?$$

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Part $1$

If Chen earns $7$ percent on her$$ money, the amount she will have to withdraw each year is $$$