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Kofi Chang retired today with $ 1 , 0 2 5 , 0 9 5 in his retirement account. Kofi expects to live another 3
Kofi Chang retired today with $ in his retirement account. Kofi expects to live another years and plans to make equal annual withdrawals from this account with the first withdrawal at the end of the first year. At the end of years, Kofi wants to leave a bequest of $ to his children. If the account pays interest of per annum, what will be the size of the yearly withdrawals?
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