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reddsox5665Lv1
19 Jan 2023
You will deposit $2,000 today. It will grow for five years at 12% interest, but compounded semi-annually. You will then withdraw the funds annually over the next four years at the end of each year, with an annual interest rate of 8%.
Your annual withdrawal will be approximately ______.
You will deposit $2,000 today. It will grow for five years at 12% interest, but compounded semi-annually. You will then withdraw the funds annually over the next four years at the end of each year, with an annual interest rate of 8%.
Your annual withdrawal will be approximately ______.
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9 Feb 2023
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1 Feb 2023
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1 Feb 2023
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19 Jan 2023
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19 Jan 2023
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19 Jan 2023
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19 Jan 2023
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19 Jan 2023
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