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Please show the Excel formula AND manual working out for this question. Sean has $47,793 in his savings account today. The interest rate is 9.4%

Please show the Excel formula AND manual working out for this question.

Sean has $47,793 in his savings account today. The interest rate is 9.4% p.a. compounded monthly. Sean wants to make 27 equal monthly withdrawals starting in one year. Calculate the maximum amount Sean can withdraw every month (correct to the nearest cent).

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