Mathematics, 21.04.2021 14:00 lay1649
You want to be able to withdraw $25,000 each year for 20 years. Your account earns 5% interest.
a. How much do you need in your account at the beginning? Do not include units!
b. How much total money will you pull out of the account? Do not include units!
C. How much of that money is interest? Do not include units!​
Answers: 2
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You want to be able to withdraw $25,000 each year for 20 years. Your account earns 5% interest.
a....
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