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Winston Gladney invests a lump sum of $ 6 7 , 8 7 5 today ( February 1 , 2 0 2 1 ) .

Winston Gladney invests a lump sum of $

67, 875

today

(

February

1, 2021) .

How much can Winston withdraw each year for four years beginning February

1, 2027

if he can earn

5 %

until February

1, 2026

and

6 %

thereafter?

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