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The trustees of a college have accepted a gift of $200,000, but The amount of each withdrawal is $ are required to deposit it in

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The trustees of a college have accepted a gift of $200,000, but The amount of each withdrawal is $ are required to deposit it in an account paying 12% per year, (Round your answer to the nearest cent.) compounded semiannually. They may make equal withdrawals at the end of each six-month period, but the money must last 8 years. Find the amount of each withdrawal

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