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If I was going to withdraw 5000.00 at the end of each year for the next four years from an account that pays an interest at a rate of 9% compounded annually. How much must there be in the account today in order for the account to reduce to a balance of zero after the last withdrawal.
How much total interest would you earn?
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A client is 20 years from retirement and wants to invest today for $35,000 retirement annuity beginning one year following his retirement and continuing for 15 years in his retirement. Find out the marginal weighted average cost of capital given fol..
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