Question
You are going to withdraw $2,000 at the end of each year for the next three years from an account that pays interest at a
You are going to withdraw $2,000 at the end of each year for the next three years from an account that pays interest at a rate of 6% compounded annually. The account balance will reduce to zero when the last withdrawal is made. How much money will be in the account immediately after the second withdrawal is made
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
