You expect to have the given amount in an account with the given terms. Find how much you can withdraw periodically in order to

Question

3 years ago

11

You expect to have the given amount in an account with the given terms. Find how much you can withdraw periodically in order to

make the account last the specified amount of time. Round your answer to the nearest cent.
Account balance: $200,000
Interest rate: 3.15%
Frequency monthly
Time: 25 years

Mathematics

1 answer:

bulgar [2K] · Answer 1 · 2022-03-16T23:03:01+03:00

bulgar [2K]3 years ago

5 0

I’m just typing so I get points