Question
Derek currently has $11,305.00 in an account that pays 4.00%. He will withdraw $5,156.00 every other year beginning next year until he has taken 6.00
Derek currently has $11,305.00 in an account that pays 4.00%. He will withdraw $5,156.00 every other year beginning next year until he has taken 6.00 withdrawals. He will deposit $11305.0 every other year beginning two years from today until he has made 6.0 deposits. How much will be in the account 30.00 years from today? round answer 2 decimal places
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Cornerstones Of Financial Accounting
Authors: Bertrand Piccard, Jay Rich, Jeff Jones, Maryanne Mowen, Don Hansen, Nick Jones
1st Edition
