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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

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 7 years. How much can you withdraw each year if the account earns 6% interest each year?

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