Question
Derek currently has $10,663.00 in an account that pays 6.00%. He will withdraw $5,754.00 every other year beginning next year until he has taken 8.00
Derek currently has $10,663.00 in an account that pays 6.00%. He will withdraw $5,754.00 every other year beginning next year until he has taken 8.00 withdrawals. He will deposit $10663.0 every other year beginning two years from today until he has made 8.0 deposits. How much will be in the account 23.00 years from today?
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Understanding Healthcare Financial Management
Authors: Louis C. Gapenski, George H. Pink
6th Edition
1567933629, 9781567933628
