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2. A construction company has a bank account fund with a net value of $2 million. The company plan to withdrawal rate is $158 thousand

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2. A construction company has a bank account fund with a net value of $2 million. The company plan to withdrawal rate is $158 thousand per year starting 1 year from now, how many years will it take to completely deplete the fund if the conservatively managed fund grows at a rate of 5.5 % per year? a) Draw the cash flow diagram from the bank's perspective b) Calculate the number of years to deplete the funds

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