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5. /1 points WaneFMAC7 3.3.020. My Notes Ask Your Tea Find the periodic withdrawals PMT for the glven annuity account. HINT [see Quick Example 4.]
5. /1 points WaneFMAC7 3.3.020. My Notes Ask Your Tea Find the periodic withdrawals PMT for the glven annuity account. HINT [see Quick Example 4.] (Assume end-of-perlod withdrawals and compounding at the same intervals as withdrawa Round your answer to the nearest cent.) $550,000 at 4%, paid out monthly for 13 years PMT-$ Need Help?Read It 6. -/1 points Wa neFMAC7 3.3 .027 My Notes Ask Your Tea Determlne the perlodlc payments PMT on the glven loan or mortgage. HINT [See Example 5.] (Round your answer to the nearest cent.) $800,000 borrowed at 4% for 4 years, with quarterly payments PMT$ Need Help? badi. Latent Watch It 7. +-/1 points WaneFMAC7 3.3.058 My Notes Ask Your Tea Meg's pension plan is an annuity with a guaranteed return of 4% per year (compounded quarterly). She would like to retire with a pension of $50,000 per quarter for 10 years. If she works 26 years before retiring, how much money must she and her employer deposit each quarter? HINT [See Example 5.] (Round your answer to the nearest cent.)
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