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Josiah has an income of $137,000 that he is willing to spend over a year. If his bank account is giving him 6.12% and the
Josiah has an income of $137,000 that he is willing to spend over a year. If his bank account is giving him 6.12% and the cost associated for him to visit the bank is $6.80. How much should he withdraw per bank trip?
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Lets start by calculating the cost of visiting the bank per year Josiah will need to make N trips to ...
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
