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The trustees of a college have accepted a gift of $ 3 2 5 , 0 0 0 , but are required to deposit it

The trustees of a college have accepted a gift of $325,000, but are required to deposit it in an account paying 10% per year, compounded semiannually. They may make equal withdrawals at the end of each six-month period, but the money must last 7 years. Find the amount of each withdrawal.

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