Question
kate has deposited all her saving $100,000 in a bank account which pays 6% interests compounded quarterly. kate plans to withdraw equal amounts from her
kate has deposited all her saving $100,000 in a bank account which
pays 6% interests compounded quarterly. kate plans to withdraw equal amounts from her saving account at the end of each quarter in the next two years to pay for her study costs. Assume that kate will make her first withdrawal in next quarter, what is the most kate can withdraw quarterly?
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The Complete FinOps Handbook Essential Tools And Techniques For Financial Operations
Authors: Peter Bates
1st Edition
1922435546, 978-1922435545
