You want to be able to withdraw $20,000 each year for 15 years. Your account earns 9% interest. a) How much do you need
Posted: Sun Jun 05, 2022 7:54 pm
You want to be able to withdraw $20,000 each year for 15 years. Your account earns 9% 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?