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With $200,000, and 4% interest rate and withdraw $15,000 at the end of each year, starting at the end of this year, calculate how many

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With $200,000, and 4% interest rate and withdraw $15,000 at the end of each year, starting at the end of this year, calculate how many years will it take to spend all of the money in your account? 21.79 19.43 14.29 16.91 QUESTION 6 An annuity that pays $9,000 each year for nine years but at the beginning of each year. Your interest rate =4%. The price for the annuity =? (HINT: Type =1,PMT=9000,PV=?) $67,521.90 $71,027.30 $69,594.70 $72,719.40

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