4-25 LaQuita deposits $3500 in her retirement account every year. If her account pays an average of...

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4-25 LaQuita deposits $3500 in her retirement account every year. If her account pays an average of 6% inter- est and she makes 38 deposits before she retires, how much money can she withdraw in 20 equal payments beginning one year after her last deposit? Contributed by Paul R. McCright, University of South Florida

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Engineering Economic Analysis

ISBN: 9780357419687

11th Edition

Authors: Donald Newnan, Ted Eschenbach, Jerome Lavelle

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