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Your grandfather deposits $50,000 into your savings account that pays %6 interest compounded quarterly. Equal annual withdrawals are to be made from the account beginning

Your grandfather deposits $50,000 into your savings account that pays %6 interest compounded quarterly. Equal annual withdrawals are to be made from the account beginning 1 year from now and continuing forever. The maximum amount of equal annual withdrawals is approximately:

A) $3,000

B)$3,068

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