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Mr. Talbot deposits $33,500 at the end of every year into his RRSP. He intends to leave the money for nine years, then transfer the
Mr. Talbot deposits $33,500 at the end of every year into his RRSP. He intends to leave the money for nine years, then transfer the balance into a RRIF and make equal withdrawals at the end of every year for twenty years. If interest is 3.6% compounded annually , what will be the size of each withdrawal
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