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Deposits of $1,000 per year are placed into a fund continuously for 20 years at 4% force of interest. After 20 years, annual withdrawals commence
Deposits of $1,000 per year are placed into a fund continuously for 20 years at 4% force of interest. After 20 years, annual withdrawals commence and continue for 30 years at the same effective rate of interest, with the first payment to be made 1 year after the last deposit. Find the amount of each withdrawal.
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