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Grandparents Annuity Your grandparents have an annuity. The value of the annuity increases each month by an automatic deposit of 1 % interest on the

Grandparents Annuity Your grandparents have an annuity. The value of the annuity increases
each month by an automatic deposit of 1% interest on the previous month's balance.Your grand-
parents withdraw 2500 at the beginning of each month for living expenses. Currently, they have
125,000 in the annuity. Model the annuity with a dynamical system. Will the annuity run out of
money? When? Hint: What value will an have when the annuity is depleted?
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