Question: How long will an account worth $2.2 million provide $10,000 at the end of each month, if money is worth 5.4% compounded monthly? (a) Decide

How long will an account worth $2.2 million provide $10,000 at the end of each month, if money is worth 5.4% compounded monthly?
(a) Decide whether the problem relates to an ordinary annuity or an annuity due, and then
(b) Solve the problem.

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