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Author Question: Equal sums of money are withdrawn monthly from a fund of $60 000.00 for 15 years. If interest is 12% ... (Read 80 times)

nautica902

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on: Jun 6, 2019

Question 1

Equal sums of money are withdrawn monthly from a fund of $33 000.00 for 15.25 years. If interest is 9% compounded monthly, what is the size of each withdrawal if the withdrawal is made at the beginning of each month?

Question 2

Equal sums of money are withdrawn monthly from a fund of $60 000.00 for 15 years. If interest is 12% compounded monthly, what is the size of each withdrawal if the withdrawal is made at the beginning of each month?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by nautica902 on Jun 6, 2019

princessflame2016

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nautica902

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Reply #2 on: Jun 6, 2019
Thank you!


princessflame2016

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Reply #3 on: Jun 6, 2019
Always glad to help...


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