periods, with an interest rate 
, there is a present value of:
![V_{p} = A [\frac{1- (1 + i) ^{- n}}{i}]](/tpl/images/0220/8827/76b87.png)
. From where,
![V_{p} = 650 [\frac{1- (1 + 0.045)^{-24}}{0.045}] = 9422.06](/tpl/images/0220/8827/e318e.png)
quarterly withdrawls of $650 for 6 years; interest rate is 4.5% compounded quarterly.
find th...
Mathematics, 02.09.2019 16:10 Fatimaneedhelp
quarterly withdrawls of $650 for 6 years; interest rate is 4.5% compounded quarterly.
find the amount necessary to fund the given withdrawls.
Answers: 2
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