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Find the amount of each retirement payment

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Question: Bartholomew plans to retire in 6 years from today with $600,000 in his retirement account, which has an annual return of 3.4 percent. If he receives 14 annual retirement payments of X and his first retirement payment is received in 6 years from today, then what is X, the amount of each retirement payment?

Reference no: EM131941516

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