You want to be able to withdraw $1,750 each month for 30 years. Your account earns 5% interest.
How much do you need in your account at the beginning?

Question

19-06-2024
Business

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You want to be able to withdraw $1,750 each month for 30 years. Your account earns 5% interest.
How much do you need in your account at the beginning?

Sagot :

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Sagot :

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