Henry Quincy wants to withdraw $30,000 each year for 10 years from a fund that earns 8%

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Henry Quincy wants to withdraw $30,000 each year for 10 years from a fund that earns 8% interest. How much must he invest today if the first withdrawal is at year end? How much must he invest today if the first withdrawal takes place immediately?

Posted Date: Jun 18, 2024 01:09 AM

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Henry Quincy wants to withdraw $30,000 each year for 10 years from a fund that earns 8%

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