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answer is NOT 87542, asap please Pearl Monroe wants to create a fund today that will enable her to withdraw $26,400 per year for 8
answer is NOT 87542, asap please
Pearl Monroe wants to create a fund today that will enable her to withdraw $26,400 per year for 8 years, with the first withdrawal to take place 5 years from today. Click here to view factor tables. If the fund earns 10% interest, how much must Pearl invest today? (Round factor values to 5 decimal places, es. 1.25124 and final answer to 0 decimal places, eg. 458,581. Investment amount Step by Step Solution
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