Question: Derek wants to withdraw $11,824.00 from his account 3.00 years from today and $12,535.00 from his account 14.00 years from today. He currently has

Derek wants to withdraw $11,824.00 from his account 3.00 years from today

Derek wants to withdraw $11,824.00 from his account 3.00 years from today and $12,535.00 from his account 14.00 years from today. He currently has $3,281.00 in the account. How much must he deposit each year for the next 14.0 years? Assume a 5.95% interest rate. His account must equal zero by year 14.0 but may be negative prior to that.

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