What will be the amount of each withdrawal

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Reference no: EM131610341

You plan on saving $2,000 a year (As a regular annuity) for the next 30 years. After that you will then make equal withdrawals for each of the following 25 years (also a regular annuity). If the interest rate is 10%, what will be the amount of each withdrawal?

Reference no: EM131610341

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