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Walter decides he wants to start saving for retirement. On his 36th birthday he deposits $139000 in an account with an interest rate of j=6%.
Walter decides he wants to start saving for retirement. On his 36th birthday he deposits $139000 in an account with an interest rate of j=6%. On his 65th birthday he starts withdrawing money annually from the account for the next 15 years. What size are the withdrawals?
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