Question: This is an annuity problem I am having trouble with: Mrs. Vee deposits $4500 on her 30th birthday, into an account that pays interest at
This is an annuity problem I am having trouble with:
Mrs. Vee deposits $4500 on her 30th birthday, into an account that pays interest at 5.4%/a compounded
monthly. Starting on her 60th birthday she begins making monthly withdrawals for the next 10 years until
she is 70 years old. How much would each withdrawal be?
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