Question
Derek currently has $14,959.00 in an account that pays 6.00%. He will withdraw $5,190.00 every other year beginning next year until he has taken 5.00
Derek currently has $14,959.00 in an account that pays 6.00%. He will withdraw $5,190.00 every other year beginning next year until he has taken 5.00 withdrawals. He will deposit $14959.0 every other year beginning two years from today until he has made 5.0 deposits. How much will be in the account 23.00 years from today?
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Financial Institutions Management
Authors: Anthony Saunders, Marcia Cornett
8th Edition
0078034809, 978-0078034800
