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You have $20,000 in an account earning 7% per year. You want to take out this money in seven equal annual withdrawals, starting ten years

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You have $20,000 in an account earning 7% per year. You want to take out this money in seven equal annual withdrawals, starting ten years from now. a) Draw the cash flow diagram for this scenario. b) Calculate how much money you can withdraw in each of the six years. MEN

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