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Other Fields Homework Help Accounting Topic started by: emily8694 on Jul 21, 2018



Title: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual payments ...
Post by: emily8694 on Jul 21, 2018
Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual payments of equal amounts beginning January 1, 2029. If the fund earns 8% annual interest over its life, what will be the amount of each of the withdrawals? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary calculations, and round your final answer to the nearest dollar.)
A) $20,000
B) $9455
C) $8755
D) $13,697


Title: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual payments ...
Post by: dannysilvachi on Jul 21, 2018
Content hidden


Title: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual payments ...
Post by: emily8694 on Jul 21, 2018
:-] I'm impressed


Title: Re: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual ...
Post by: Molivieri2 on Oct 5, 2019
Hope this helps


Title: Re: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual ...
Post by: Thisisdumb1 on Oct 18, 2019
Answer please


Title: Re: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual ...
Post by: sbarker9 on Mar 22, 2020
great


Title: Re: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual ...
Post by: Molly2 on Apr 10, 2020
cool


Title: Re: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual ...
Post by: alb2880 on Nov 3, 2020
i need the answer


Title: Re: Annie Laerz wants to invest $20,000 on January 1, 2014, so that she may withdraw 10 annual ...
Post by: katherineeho on Nov 19, 2020
ty