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You believe that you can save $ 1 5 , 0 0 0 a year until you retire in 3 0 years. Once you retire,
You believe that you can save $ a year until you retire in years. Once you retire, you plan to spend your savings in the following years by withdrawing equal amounts annually from your savings account. If the interest rate is per year, how much can you withdraw from your account per year during the retirement? Assume first saving happens in one year and you make annual contributions to your savings account.
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