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Derek currently has $12,506.00 in an account that pays 6.00%. He will withdraw $5,067.00 every other year beginning next year until he has taken 8.00
Derek currently has $12,506.00 in an account that pays 6.00%. He will withdraw $5,067.00 every other year beginning next year until he has taken 8.00 withdrawals. He will deposit $12506.0 every other year beginning two years from today until he has made 8.0 deposits. How much will be in the account 27.00 years from today? Answer format: Currency: Round to: 2 decimal places
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