How much do you need to invest in equal annual amounts for the next 10 years if you want to withdraw $5,000
at the end of the eleventh year and increase the annual withdrawal by $1,000 each year thereafter until year 25?
The interest rate is 6%, compounded annually.

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The Answer of How much do you need to invest in equal annual amounts for the next 10 years if you want to withdraw $5,000
at the end of the eleventh year and increase the annual withdrawal by $1,000 each year thereafter until year 25?
The interest rate is 6%, compounded annually.

How Much Do You Need to Invest in Equal Annual