Question
Christopher invested $11,000 into a fund earning 5.50% compounded monthly. She plans to withdraw $900 from the fund at the end of every quarter. If
Christopher invested $11,000 into a fund earning 5.50% compounded monthly. She plans to withdraw $900 from the fund at the end of every quarter. If the first annuity withdrawal is to be made 2 years from now, how long will it take for the fund to be depleted? how many years and months?
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Valuing Agile The Financial Management Of Agile Projects
Authors: Alan Moran
1st Edition
0117082880, 9780117082885
