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Matthew plans to save forty seven thousand four hundred dollars per year for five years. His first savings contribution is expected in one year. He
Matthew plans to save forty seven thousand four hundred dollars per year for five years. His first savings contribution is expected in one year. He then plans to make withdrawals for eight years. How much can Matthew expect to withdraw each year if he expects to earn per year, he makes equal annual withdrawals, and his first withdrawal is in six years.
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