Question: Your rich uncle will help pay for your college by putting 50,000 into an account in the Lawrence Saving Bank at 6.4% interest for 3

Your rich uncle will help pay for your college by putting 50,000 into an account in the Lawrence Saving Bank at 6.4% interest for 3 years. Then one year later, you start to take out the money in equal amount for 6 years. After this period, the account is drawn down to zero. How much can you take out every year? To help create a cash flow diagram

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