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Derek wants to withdraw $14,432.00 from his account 4.00 years from today and $12,801.00 from his account 12.00 years from today. He currently has $3,652.00
Derek wants to withdraw $14,432.00 from his account 4.00 years from today and $12,801.00 from his account 12.00 years from today. He currently has $3,652.00 in the account. How much must he deposit each year for the next 12.0 years? Assume a 5.27% interest rate. His account must equal zero by year 12.0 but may be negative prior to that
round to 2 decimal places
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