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Newman Weatherspoon, a Super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on an 11% basis that will enable him to

Newman Weatherspoon, a Super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on an 11% basis that will enable him to withdraw $14,380 per year on June 30, beginning in 2029 and continuing through 2032. To develop this fund, Newman intends to make equal contributions on June 30 of each of the years 2025-2028

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