If kaylie windham has 425000 to put into an account today


If Kaylie Windham has $425,000 to put into an account today, what series of cash flows can be withdrawn starting at t=0 (today) if all cash flows are to have equal purchasing power (assume inflation equals 2 percent per year) and you would like them to continue forever? Assume the account earns 7 percent per year.

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