Question
Debbie is investing $75,000 in a fund that earns (11%,1). What equal amounts can Debbie withdraw at the end of the next 22 years? Prof
Debbie is investing $75,000 in a fund that earns (11%,1). What equal amounts can Debbie withdraw at the end of the next 22 years? Prof gave the answer of 9,173.48 and I got the solution as 4091.24 and not sure what I did wrong.
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
