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Samuel David wants to make 5 equal annual withdrawals of $8,000 from a fund that will earn interest at 10% compounded annually. How much would

Samuel David wants to make 5 equal annual withdrawals of $8,000 from a fund that will earn interest at 10% compounded annually. How much would Samuel have to invest on: January 1, 2019, if the first withdrawal is made on January 1, 2019?

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