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You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs
You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar. Regular withdrawal: $3000 Interest rate: 3% Frequency quarterly Time: 30 years
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