A perpetuity earning 6% compounded monthly is started with a $100,000 investment. What is the size of

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A perpetuity earning 6% compounded monthly is started with a $100,000 investment. What is the size of the periodic withdrawals taken from the investment at the end of every month in perpetuity?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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