- Whitney Invested His Savings In A Bank At 4 00 Compounded Monthly How Much Money Did He Invest To Enable Withdrawals O 1 (28.28 KiB) Viewed 33 times
Whitney invested his savings in a bank at 4.00% compounded monthly. How much money did he invest to enable withdrawals o
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Whitney invested his savings in a bank at 4.00% compounded monthly. How much money did he invest to enable withdrawals o
Whitney invested his savings in a bank at 4.00% compounded monthly. How much money did he invest to enable withdrawals of $3,500 at the beginning of every 6 months from the investment for 5 years, if the first withdrawal is to be made in 11. years? Round to the nearest cent