Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Get expert answers to your questions quickly and accurately from our dedicated community of professionals. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

You want to be able to withdraw $30,000 each year for 20 years. Your account earns 4% interest.
a) How much do you need in your account at the beginning?
b) How much total money will you pull out of the account?
c) How much of that money is interest?
|
Enter an integer or decimal number [more..]
Check Answer

Sagot :

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.