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In order to help you through college, your parents just deposited $20,000 into a bank account paying 6% interest. Starting tomorrow, you plan to withdraw
In order to help you through college, your parents just deposited $20,000 into a bank account paying 6% interest. Starting tomorrow, you plan to withdraw equal amounts from the account at the beginning of each year for the next four years. What is the MOST you can withdraw annually
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