Mathematics
Mathematics, 10.12.2020 21:10, MengXiong1

You want to be able to withdraw $40,000 each year for 30 years. Your account earns 5% interest. a) How much do you need in your account at the beginning?

$

b) How much total money will you pull out of the account?

$

c) How much of that money is interest?

answer
Answers: 3

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You want to be able to withdraw $40,000 each year for 30 years. Your account earns 5% interest. a)...

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