arieanajames57 arieanajames57

27-07-2024
Mathematics

Answered

Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.)
$2,800 per month for 20 years, if the account earns 7% per year
PV = $

Answer :

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