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An ordinary annuity that owns 77% compounded monthly as a current balance of $500,000. The owner of the account is about to retire and has
An ordinary annuity that owns 77% compounded monthly as a current balance of $500,000. The owner of the account is about to retire and has to decide how much to withdraw from the account each month. Find the number of withdrawals under ach of the following options A 35000 monthly) 84000 monthly C)53000 monthly CD A Select the correct the below, and, if necessary in the answer box to complete your choice The total number of withdrawals of 58000 will be The withdrawal of 35000 continue forever
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