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Author Question: Your father now has $1,500,000 invested in an account that pays8%. He expects inflation to ... (Read 52 times)

C0DxHalo

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on: Aug 7, 2023
Your father now has $1,500,000 invested in an account that pays8%. He expects inflation to average2.70%, and he wants to make annual constant dollar (real) beginning-of-year withdrawals over each of the next30years and end up with a zero balance after the30thyear. How large will his initial withdrawal (and thus constant dollar [real] withdrawals) be?

◦

$83,525.60


◦

$86,301.47


◦

$94,494.88


◦

$95,220.17

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by C0DxHalo on Aug 7, 2023

swagmaster69

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Reply #1 on: Aug 7, 2023
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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C0DxHalo

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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