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After 8 years of owning the spa, David s investment ( from Question 3 ) matures and he decides to use this balance to build
After years of owning the spa, Davids investment from Question matures and he decides to use this balance to build an addition to his spa. He makes weekly withdrawals from his investment account to finance this new venture.
David withdraws $ at the end of every week for the first years to establish and market the expansion. Afterwards, the withdrawals will lower to $ at the end of every week. Throughout this period, the highyield investment continues to earn compounded daily. What is the total length of time that David will be able to make weekly withdrawals for? Express your answer in years and months.
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