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You want to withdraw $ 14,067 from your account at the end of one year and $ 16,110 at the end of the second year.
You want to withdraw $ 14,067 from your account at the end of one year and $ 16,110 at the end of the second year. How much should you deposit in your account today so that you can make these withdrawals? Your account pays 15 percent p.a. (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85).
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