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you have accumulated some money for your retirement you were going to withdraw $82,685 every year at the beginning of the year for the next
you have accumulated some money for your retirement you were going to withdraw $82,685 every year at the beginning of the year for the next 19 you're straight from today how much money have you accumulated for your retirement your account pays you 14.02% per year compounded annually to answer this question you have to find the present value of these cash flows
I know the answer is $616,931.23 but my answer was 541,072.82. Please explain how to get to the correct answer.
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