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you plan on supplementing your income. you would like to withdraw a semiannual salary of $6...
Mathematics, 06.01.2020 18:31 madi2878
11
you plan on supplementing your income. you would like to withdraw a semiannual salary of $6,951.20 from an account
paying 1.75% interest, compounded semiannually. determine the amount needed in the account such that you can withdraw
the needed amount at the end of each period for 15 years. round to the nearest cent.
a. $239,364.66
b. $182,713.25
c. $184,311.99
d. $237,288.39
Answers: 2
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