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Mathematics, 08.08.2021 04:50 dylankrenek

Beth has just received an inheritance of $500,000 and would like to be able to make quarterly withdrawals over the next 20 years. She decides on an annuity that pays 6.4%, compounded quarterly. How much will her quarterly payments be to draw the account down to zero at the end of 20 years? Quarterly Payments =​

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