Question
A trust fund with a beginning balance of $32500 earns interest at 5.6% compounded quarterly. If withdrawals of $2470 are made at the beginning of
A trust fund with a beginning balance of $32500 earns interest at 5.6% compounded quarterly. If withdrawals of $2470 are made at the beginning of every three months, starting 9 years from now, how long will the trust fund last? Round properly answer in quarters
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Active Value Investing Making Money In Range Bound Markets
Authors: Vitaliy N. Katsenelson
1st Edition
0470053151, 978-0470053157
