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URGENT HELP NEEDED You wish to save for your retirement by making annual payments into an annuity. You will pay $1,000 per year beginning next

URGENT HELP NEEDED image text in transcribed
You wish to save for your retirement by making annual payments into an annuity. You will pay $1,000 per year beginning next year and will make a total of 25 contributions. The annuity will pay 9% interest. One year after making your final payment, you will withdraw an annual pension for 15 years from an annuity that pays interest at 7%. What is the annual amount you will withdraw when you are retired

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