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Nancy Duncan received a payment of 75,000 from a life insurance company. She put it in an account that would pay 6% compounded quarterly. Nancy

Nancy Duncan received a payment of 75,000 from a life insurance company. She put it in an account that would pay 6% compounded quarterly. Nancy wanted to make equal quarterly withdrawals from the account for 10 years, when the account would be empty. What size withdrawals can Nancy make?

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