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you make an initial deposit of 1000 now. then you make yearly deposits during the next 20 years of 500 dollars. If the accounts pay
you make an initial deposit of 1000 now. then you make yearly deposits during the next 20 years of 500 dollars. If the accounts pay 12 percent compounded monthly, how much should be in the account in 20 years? How much can you withdraw per month to have a zero balance in year 20?
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