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Question: how much do you have to deposit today in order...

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How much do you have to deposit today in order to allow 6 annual withdrawals, beginning at the end of year 19, with a first withdrawal of $2208 and with subsequent withdrawals decreasing at the rate of 1% over the previous years withdrawal? Assume an interest rate of 6% compounded annually Enter your answer as: 1234 Round your answer. Do not use a dollar sign ($), any commas() or a decimal point ()

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