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Derek currently has $10,243.00 in an account that pays 5.00%. He will withdraw $5,695.00 every other year beginning next year until he has taken 5.00
Derek currently has $10,243.00 in an account that pays 5.00%. He will withdraw $5,695.00 every other year beginning next year until he has taken 5.00 withdrawals. He will deposit $10243.0 every other year beginning two years from today until he has made 5.0 deposits. How much will be in the account 24.00 years from today? Submit Answer format: Currency: Round to: 2 decimal places
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
978-0132554909
