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if you wish to withdraw $200 at the end of each of the next 3 years earning 3.5% per year, what one-time deposit would you
if you wish to withdraw $200 at the end of each of the next 3 years earning 3.5% per year, what one-time deposit would you need to make today in order to be able to make your planned withdrawals?
assume a normal distribution with a mean return of 7% and a standard deviation of 10%. Which of the following probabilities of an actual return would be correct?
A. 0.5% chance of a return above 37%
B. 16% chance of a return below 3%
C. 34% chance of a return above 10%
D. 2.5% chance of a return between 7%-10%
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