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Steven wants to deposit $1,200 at the beginning of each year for 30 years. Exactly one year after his last deposit, he wishes to begin

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Steven wants to deposit $1,200 at the beginning of each year for 30 years. Exactly one year after his last deposit, he wishes to begin making annual level withdrawals until he has made twenty withdrawals and exhausted the savings. Find the amount of each withdrawal if the effective interest rate is 5%

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