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You have just won the lottery and will receive a lump - sum payment of $ 2 3 . 1 3 million after taxes. Instead
You have just won the lottery and will receive a lumpsum payment of $ million after taxes. Instead of immediately spending your money, you plan to deposit all of the money into an account that will earn percent. If you make equal annual withdrawals for the next years, how much can you withdraw each year starting exactly one year from now?
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$
$
$
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