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bollinger091909 bollinger091909
  • 03-09-2016
  • Mathematics
Answered

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 rate of 8% compounded annually?

Verified Answer :

iluv4paws1420
iluv4paws1420 iluv4paws1420
  • 03-09-2016

i think itsĀ $117,817.20

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