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You have deposited $19,668 in a special account that has a guaranteed rate of return. If you withdraw $4,000 at the end of each year

You have deposited $19,668 in a special account that has a guaranteed rate of return. If you withdraw $4,000 at the end of each year for 6 years, you will completely exhaust the balance in the account. The guaranteed rate of return is closest to: (Ignore income taxes.) Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.image text in transcribed

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