Compute how much will be able to withdraw at the beginning

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Problem 1: Brenly wants to invest $ 700 in an account at the end of each of the next 10 years at 12% per annum computed quarterly. What she receives from there, she will then invest for another 8 additional years and will receive an uncertain amount for it at the beginning of each year. How much will you be able to withdraw at the beginning of each year at an annual 8% computed annually in the investment (the uncertain amount)?

Reference no: EM132754635

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