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You deposit $86000 into an account which pays 6% compounded annually. You wish to make semiannual withdrawals for 9 years. What is the size of
You deposit $86000 into an account which pays 6% compounded annually. You wish to make semiannual withdrawals for 9 years.
What is the size of the withdrawals? $
What is the size of the withdrawals? $
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