Question 11 2 pts Say you deposit $307,562 at interest rate 5.2%. What amount can you withdraw at the end of each year f
Posted: Sun May 29, 2022 4:24 pm
Question 11 2 pts Say you deposit $307,562 at interest rate 5.2%. What amount can you withdraw at the end of each year for the next 21 years, in order to completely deplete the account at the end of that time? Approximate to the nearest dollar and answer without $ symbol. (Choose among the financial factors provided in the Lecture notes)