Mathematics, 03.12.2020 04:20 Kameon
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 Determine the amount that can be withdrawn quarterly from the account for 20 years, assuming ordinary annuity.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: 1
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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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