Consider the following schedule: (Same Schedule as problem 8, repeated again here) number of years =10; annual interest

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Consider The Following Schedule Same Schedule As Problem 8 Repeated Again Here Number Of Years 10 Annual Interest 1 (19.06 KiB) Viewed 27 times

Consider the following schedule: (Same Schedule as problem 8, repeated again here) number of years =10; annual interest rate 6% Annual withdrawal of $500 for ten years Deposit of 10,000 at year 1 Another deposit of 15,000 at year 5. What is the equivalent annual worth of above schedule? A $388 $1,388 $2,388 $3,388