Question: Beginning December 31, 2011, five equal annual withdrawals are to be made. Required Using the appropriate tables, determine the equal annual withdrawals if $25,000 is

Beginning December 31, 2011, five equal annual withdrawals are to be made.


Required

Using the appropriate tables, determine the equal annual withdrawals if $25,000 is invested at an interest of 12% compounded annually on

1. December 31, 2010

2. December 31, 2011

3. December 31, 2007


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