Question: $24,000 is invested today at an effective rate of 4.65% from which monthl withdrawals are to be made starting 10 years from now. If

$24,000 is invested today at an effective rate of 4.65% from which

$24,000 is invested today at an effective rate of 4.65% from which monthl withdrawals are to be made starting 10 years from now. If the withdrawals for 20 years, determine the size of each withdrawal. PMT Setting N I/Y

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