Consider the following schedule: (Same Schedule as problem 8, repeated again here) number of years =10; annual interest
Posted: Sat Feb 19, 2022 2:42 pm
Consider the following schedule: (Same Schedule as problem 8, repeated again here) number of years =10; annual interest rate 6% Annual withdrawal of $500 for ten years Deposit of 10,000 at year 1 Another deposit of 15,000 at year 5. What is the equivalent future worth of above schedule? $33,392 B $32,392 $31,392 $34,392