APPENDIX D
 

Problem 7-06 A widow currently has a $84,000 investment that yields 6 percent annually. Can she withdraw $13,000 for the next ten years? Use Appendix D to answer the question. Round your answer to the nearest dollar. The maximum amount that can be withdrawn is $ so she -Select-withdraw $13,000 for the next ten years. Would your answer be different if the yield were 9 percent? Use Appendix D to answer the question. Round your answer to the nearest dollar. If the yield is 9 percent the maximum amount that can be withdrawn is $ so she -Select-withdraw $13,000 for the next ten years.