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Withdrawal Amount. Over the years, Ahmed and Aamina El - zayaty, of Berkeley, California, have accumulated $ 2 0 0 , 0 0 0 and

Withdrawal Amount. Over the years, Ahmed and Aamina El-zayaty, of Berkeley, California, have accumulated $200,000 and $220,000, respectively, in their employer-sponsored retirement plans. If the amounts in their two accounts earn a 6 percent rate of return over Ahmed and Aaminas anticipated 20 years of retirement, how large an amount could be withdrawn from the two accounts each month? Use the Garman/Forgue/companion website or Appendix A-4 to make your calculations.Appendix A-4 Present Value of a Series of Equal Amounts (an Annuity of
$1 Received at the End of Each Period)(Used to Compute the Discounted
Present Value of a Stream of Income Payments)
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