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soldier1979 [14.2K]
3 years ago
14

How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a ra

te of 8% compounded annually?
Mathematics
1 answer:
morpeh [17]3 years ago
3 0
I think its <span>$117,817.20</span>
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8 0
3 years ago
275x=500-125x<br><img src="https://tex.z-dn.net/?f=275x%20%3D%20500%20-%20125x%20" id="TexFormula1" title="275x = 500 - 125x " a
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Explanation
==============================
275x=500-125x 
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