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What amount you can invest now to allow withdrawals of $2050 per year for the next...

What amount you can invest now to allow withdrawals of $2050 per year for the next 15 years and to permit $300 to be withdrawn starting at the end of year 6 and continuing over the remainder of the 15-year period as the $300 increases by 6% per year thereafter. That is, the withdrawal at EOY seven will be $318, $337.08 at EOY eight, and so forth for the remaining years (in addition to the $2050). The interest rate is 8% per year.

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The withdrawal is in this pattern

Solved it using excel too got the sAme value.

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