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What minimum amount of money earning 5.22% compounded Semi-Annually will sustain withdrawals of $294.00 Weekly at the beginning of every period for 12 years? (Do
What minimum amount of money earning 5.22% compounded Semi-Annually will sustain withdrawals of $294.00 Weekly at the beginning of every period for 12 years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) What was the minimum amount of the annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Minimum amount $ 136.888.90 i 5% What was the balance of the annuity after 208 of the payments were made? (NOTE THIS IS AS SOON AS THE PAYMENT IS MADE USE 2nd PV to help solve the question) Balance $ .00 i 5%
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