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please complete part B. Highlight Answer. Thank you Exercise 6-08 (Part Level Submission) Leon Weatherspoon, a super salesman contemplating retirement on his fifty-fif birthday, decides
please complete part B. Highlight Answer. Thank you
Exercise 6-08 (Part Level Submission) Leon Weatherspoon, a super salesman contemplating retirement on his fifty-fif birthday, decides to create a fund on an ow basis that will enable him to withdraw $19,930 per year on June 30, beginning in 2024 and continuing through 2027. To develop this fund, Leon intends to make equal contributions on June 30 of each of the years 2020-2023 Your answer is correct Click here to view factor tables How much must the balance of the fund equal on June 30, 2023, in order for Leon to satisfy his objective? (Round factor values to 5 decimal places 1.25124 and final answer to o decimal places, e.g. 458,581) Balance of the fund equal on June 30, 2023 66011 SHOW SOLUTION LINK TO TEXT LINK TO VIDEO Attempts: 1 of 5 used (b) Click here to view factor tables What are each of Leon's contributions to the fund? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, eg. 458,581.) Leon's contributions to the fund Click here to view factor tables How much must the balance of the fund equal on June 30, 2023, in order for Leon to satisfy his objective? (Round factor values to decimal places, .g. 1.251 and final answer to o decimal places, e.g. 458,581.) Balance of the fund equal on June 30, 2023 66011 SHOW SOLUTION LINK TO TEXT LINK TO VIDEO Attempts: 1 of 5 used (b) Click here to view factor tables What are each of Leon's contributions to the fund? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, ..458,581.) Leon's contributions to the fund LINK TO TEXT LINK TO VIDEO Attempts: 0 of 5 used SAVE FOR LA SUMIT ANSWER Exercise 6-08 (Part Level Submission) Leon Weatherspoon, a super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on an 896 basis that will enable him to withdraw $19,930 per year on June 30, beginning in 2024 and continuing through 2027. To develop this fund, Leon intends to make equal contributions on June 30 of each of the years 2020-2023 Your answer is correct. Click here to view factor tables How much must the balance of the fund equal on June 30, 2023, in order for Leon to satisty his objective? (Round factor values to s decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Balance of the fund equal on June 30, 2023 66011 SHOW SOLUTION LINK TO TEXT LINK TO VIDEO Attempts: 1 of 5 used (b) Step by Step Solution
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