Question: With work please Ex9. Jill has saved $200,000 and she wants to liquidate that amount in a retirement fund so that she will receive equal

With work please

With work please Ex9. Jill has saved $200,000 and she wants to

Ex9. Jill has saved $200,000 and she wants to liquidate that amount in a retirement fund so that she will receive equal year payments on the first day of the month over the next 20 years. At the end of the 20 years, there will be no funds left in the account. If the fund earns 8% interest, how much will Jill receive each year

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