Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

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