Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
emily8694 emily8694
wrote...
Posts: 332
5 years ago
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
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
Read 687 times
8 Replies
Replies
Answer verified by a subject expert
dannysilvachidannysilvachi
wrote...
Posts: 211
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

emily8694 Author
wrote...
5 years ago
Happy Dummy I'm impressed
wrote...
4 years ago
Hope this helps
wrote...
4 years ago
Answer please
wrote...
4 years ago
great
wrote...
4 years ago
cool
wrote...
3 years ago
i need the answer
wrote...
3 years ago
ty
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  935 People Browsing
Related Images
  
 152
  
 259
  
 262
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352