Question

When her aunt​ died, Sue inherited an annuity paying ​$5,600 every six months into a savings...

When her aunt​ died, Sue inherited an annuity paying ​$5,600 every six months into a savings account for five years. The terms of the will state that he cannot withdraw any money for the first five ​years, and then he can withdraw equal amounts at the end of each six months for eleven years. If interest is 3.32​% compounded semi dash annually​, what will be the size of each​ withdrawal?

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