Business, 15.10.2020 16:01 hurstsierra25
An account paying 4.6% interest compounded quarterly has a balance of $506,732.32. Determine the amount that
can be withdrawn quarterly from the account for 20 years, assuming ordinary annuity.
a. $9.722.36
b. $6.334.15
c. $23,965.92
d. $7,366.99
Answers: 2
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An account paying 4.6% interest compounded quarterly has a balance of $506,732.32. Determine the amo...
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