nachy236 nachy236
  • 01-09-2018
  • Business
contestada

"suppose you inherited $870,000 and invested it at 8.25% per year. how much could you withdraw at the beginning of each of the next 20 years?"

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hancesoome
hancesoome hancesoome
  • 10-09-2018

I guess the correct answer is $83,386.89.

If you inherited $870,000 and invested it at 8.25% per year, the value you could withdraw at the beginning of each of the next 20 years is $83,386.89.

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