Question
Janis currently has $50,000 saved in an account that pays 4% interest per year. If she starts withdrawing $7,000 today and continues to withdraw in
Janis currently has $50,000 saved in an account that pays 4% interest per year. If she starts withdrawing $7,000 today and continues to withdraw in equal annual $7,000 payments how many years from today will she run out of money?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
