Computing the periodic payment in a general annuity Combination problem

Описание к видео Computing the periodic payment in a general annuity Combination problem

This video shows an application problem involving two general annuities. Given the periodic payment for the first annuity, we need to compute the periodic payment of the second annuity. the problem is the following:
Mei Li invested $350 at the end of each quarter at 3.2% compounded annually. At the end of five years, she could withdraw equal amounts at the end of every six months for nine years. How much is the size of each withdrawal?

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