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Derek currently has $13,532.00 in an account that pays 6.00%. He will withdraw $5,650.00 every other year beginning next year until he has taken 7.00
Derek currently has $13,532.00 in an account that pays 6.00%. He will withdraw $5,650.00 every other year beginning next year until he has taken 7.00 withdrawals. He will deposit $13532.0 every other year beginning two years from today until he has made 7.0 deposits. How much will be in the account 22.00 years from today?
Derek currently has $13,532.00 in an account that pays 6.00%. He will withdraw $5,650.00 every other year beginning next year until he has taken 7.00 withdrawals. He will deposit $13532.0 every other year beginning two years from today until he has made 7.0 deposits. How much will be in the account 22.00 years from today? Submit Answer format: Currency: Round to: 2 decimal placesStep by Step Solution
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