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You are 65 years old and about to retire. You have $100,000 saved in a retirement account and would like to withdraw it in equal

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You are 65 years old and about to retire. You have $100,000 saved in a retirement account and would like to withdraw it in equal annual amounts so that nothing is left after 16 years. How much can you withdraw each year if the account earns 6% interest each year

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