jenmbarton jenmbarton
  • 07-11-2016
  • Mathematics
contestada

How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually?

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namback6
namback6 namback6
  • 07-11-2016
In my view 12,000 times 20year divided by 8%
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