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Derek currently has $11,797.00 in an account that pays 5.00%. He will withdraw $5,482.00 every other year beginning next year until he has taken 7.00
Derek currently has $11,797.00 in an account that pays 5.00%. He will withdraw $5,482.00 every other year beginning next year until he has taken 7.00 withdrawals. He will deposit $11797.0 every other year beginning two years from today until he has made 7.0 deposits. How much will be in the account 29.00 years from today? Currency: round to 2 decimal places
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