Business, 15.07.2019 12:00, Bloom247

How much must be deposited on january 1, 2014 in a savings account paying 6% annually in order to make annual withdrawals of $30,000 at the end of the years 2014 and 2015? the present value of one at 6% for one period is .9434?

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How much must be deposited on january 1, 2014 in a savings account paying 6% annually in order to ma...