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Today is Ertles 25 th birthday. Starting in one year, he will deposit $4,000 into his retirement account per year. He will make his last

Today is Ertles 25th birthday. Starting in one year, he will deposit $4,000 into his retirement account per year. He will make his last retirement contribution on his 70th birthday. When he turns 71, he will withdraw his first of 30 equal payments from his account. His account returns 9% per year for the rest of his life. What will be the annual payments he will receive in retirement?

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