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You will deposit $11,000 today. It will grow for 9 years at 12% interest compounded semiannually. You will then withdraw the funds annually over the

You will deposit $11,000 today. It will grow for 9 years at 12% interest compounded semiannually. You will then withdraw the funds annually over the next 7 years. The annual interest rate is 10%, Your annual withdrawal will be: Use Appendix A and Appendix D. (Round PV Factor and FV Factor to 3 decimal places.) $3,309 $7,704 $6,449 $9,696

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