Question
Derek currently has $10,568.00 in an account that pays 5.00%. He will withdraw $5,062.00 every other year beginning next year until he has taken 8.00
Derek currently has $10,568.00 in an account that pays 5.00%. He will withdraw $5,062.00 every other year beginning next year until he has taken 8.00 withdrawals. He will deposit $10568.0 every other year beginning two years from today until he has made 8.0 deposits. How much will be in the account 30.00 years from today?
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Urban Infrastructure Finance And Management
Authors: K. Wellman, Marcus Spiller
1st Edition
0470672188, 978-0470672181
