Question: answer nment 03: Module 02 Question 11, 11.4.20 HW Score: 67.56%, 10.13 of 15 pullits Save O Points: 0 of 1 When his aunt died,

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answer nment 03: Module 02 Question 11, 11.4.20
nment 03: Module 02 Question 11, 11.4.20 HW Score: 67.56%, 10.13 of 15 pullits Save O Points: 0 of 1 When his aunt died, Ariel inherited an annuity paying $5,400 every six months into a savings account for five years. The terms of the will state that he cannot withdraw any money for the first five years, and then he can withdraw equal amounts at the end of each six months for six years. If interest is 2 59% compounded semi-annually, what will be the size of each withdrawal? Each withdrawal is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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