Thomas puts $200000 into the bank today and starting one year from now will make 9 annual withdrawals of equal amount un
Posted: Sun May 29, 2022 6:27 pm
Thomas puts $200000 into the bank today and starting one year
from now will make 9 annual withdrawals of equal amount until the
account is empty and closed down. If the bank pays 6.1% annual
interest, how much can Thomas withdraw every year? Answer to the
nearest cent.
from now will make 9 annual withdrawals of equal amount until the
account is empty and closed down. If the bank pays 6.1% annual
interest, how much can Thomas withdraw every year? Answer to the
nearest cent.