You want to be able to withdraw $30 000 each year for 15 years Your account earns 10 interest How much do you need in your account at the beginning (initial investment) How much total money will you pull out of the account How much of that is interest

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You want to be able to withdraw $30.000 each year for 15 years. Your account earns 10% interest. How much do you need in your

You want to be able to withdraw $30.000 each year for 15 years. Your account earns 10% interest.

How much do you need in your account at the beginning? (initial investment)
How much total money will you pull out of the account?
How much of that is interest?

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