If you save $1,600 at the beginning of every year for twelve years, for how long can you withdraw $2,110 at the beginnin

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If You Save 1 600 At The Beginning Of Every Year For Twelve Years For How Long Can You Withdraw 2 110 At The Beginnin 1 (17.23 KiB) Viewed 41 times

If you save $1,600 at the beginning of every year for twelve years, for how long can you withdraw $2,110 at the beginning of each year starting twelve years from now, assuming that interest is 4% compounded annually? State your answer in years and months (from 0 to 11 months) You can withdraw $2,110 for year(s) and month(s) (Type whole numbers.) CITT