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Find the periodic withdrawals pmt for given annuity account

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Question - Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $200,000 at 4%, paid out monthly for 16 years, leaving $10,000 in the account after the 16 years.

Reference no: EM133173613

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