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In order to help you through college, your parents just deposited $25,000 into a bank account paying 8% interest. Starting next year, you plan to
In order to help you through college, your parents just deposited $25,000 into a bank account paying 8% interest. Starting next year, you plan to withdraw equal amounts from the account at the end of each of the next four years. What is the MOST you can withdraw annually?
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