The trustees of a college have accepted a gift of $150,000. The donor has directed the trustees to deposit the money in an account paying 6% per...

The trustees of a college have accepted a gift of $150,000. The donor has directed the

trustees to deposit the money in an account paying 6% per year, compounded semiannually.

The trustees may make equal withdrawals at the end of each 6-month period; the money must

last 5 years.

Find the amount of each withdrawal.