Question
Derek currently has $11,132.00 in an account that pays 4.00%. He will withdraw $5,347.00 every other year beginning next year until he has taken 4.00
Derek currently has $11,132.00 in an account that pays 4.00%. He will withdraw $5,347.00 every other year beginning next year until he has taken 4.00 withdrawals. He will deposit $11132.0 every other year beginning two years from today until he has made 4.0 deposits. How much will be in the account 23.00 years from today?
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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
