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You can deposit $5000 per year into an account that pays 12% interest. If you deposit such amounts for 10years and start drawing money out
You can deposit $5000 per year into an account that pays 12% interest. If you deposit such amounts for 10years and start drawing money out of the account in equal annual installments, how much could you draw out each year for 15 years?
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Financial Management EMEA Theory And Practice
Authors: Michael Ehrhardt, Roland Fox, Eugene Brigham
2nd Edition
1473760216, 9781473760219
