Question
Derek currently has $14,618.00 in an account that pays 6.00%. He will withdraw $5,134.00 every other year beginning next year until he has taken 7.00
Derek currently has $14,618.00 in an account that pays 6.00%. He will withdraw $5,134.00 every other year beginning next year until he has taken 7.00 withdrawals. He will deposit $14618.0 every other year beginning two vears from today until he has made 7.0 deposits. How much will be in the account 23.00 vears from todav?
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Answer format: Currency: Round to: 2 decimal places.
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Globalization Gating And Risk Finance
Authors: Unurjargal Nyambuu, Charles S. Tapiero
1st Edition
1119252652, 978-1119252658
