James would like to take a 4-year sabbatical from work. In order to live over that period he would need to withdraw $450
Posted: Tue Jan 18, 2022 12:59 pm
James would like to take a 4-year sabbatical from work. In order
to live over that period he would need to withdraw $45000 at the
end of every year. How much money must James have in the bank in
order to take his sabbatical? assume an interest rate of 3%
compounded annually. please round your answer to the nearest
penny.
to live over that period he would need to withdraw $45000 at the
end of every year. How much money must James have in the bank in
order to take his sabbatical? assume an interest rate of 3%
compounded annually. please round your answer to the nearest
penny.