Business, 10.03.2020 04:54 Izzyfizzy

Al Darby wants to withdraw $20100 (including principal) from an investment fund at the end of each year for five years. How should he compute his required initial investment at the beginning of the first year if the fund earns 8% compounded annually?

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Al Darby wants to withdraw $20100 (including principal) from an investment fund at the end of each y...

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