Question: (1 point) (Exercise 3.26) A fund earning 5.8% effective is being accumulated with payments of $ 500 at the beginning of each year for 26

(1 point) (Exercise 3.26) A fund earning 5.8% effective is being

(1 point) (Exercise 3.26) A fund earning 5.8% effective is being accumulated with payments of $ 500 at the beginning of each year for 26 years. After some years $ 1,000 is withdrawn at the end of each years until the end of the 26 th year. Find the maximum number of withdrawals can be made. ANSWER =

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