Question
181 20 Andrew invested $13,500 in a fund earning 5.5% compounded quarterly. She withdraws $750 from the fund at the end of every month with
181 20 Andrew invested $13,500 in a fund earning 5.5% compounded quarterly. She withdraws $750 from the fund at the end of every month with the first withdrawal being made 3 years from now. How long will it take for the fund to be depleted? O 1 years and 13 months O 2 years and 14 months O 5 years and 11 months O1 years and 11 months 13
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
978-0538473637
