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You plan on depositing $10,000 at the end of each year for 30 years into a retirement account that pays 5% interest. How much could
You plan on depositing $10,000 at the end of each year for 30 years into a retirement account that pays 5% interest. How much could you withdraw annually in equal beginning of year amounts starting at the time you make your last deposit and continuing for a total of 20 years, assuming balances continue to earn 5% until withdrawn?
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