Question
You have accumulated some money for your retirement. You are going to withdraw $63,260 every year the end of the year for the next 19
You have accumulated some money for your retirement. You are going to withdraw $63,260 every year the end of the year for the next 19 years. How much money have you accumulated for your retirement? Your account pays you 19.83 percent per year , compounded annually. To answer this question, you have to find the present value of these cash flows.
Round the answer to two decimal places
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
