Solution-You expect to withdraw 20000 per year for 4 years

You expect to withdraw 20000 per year for 4 years starting

Reference no: EM13568029

It is your 5th birthday today. You have a trust fund with $50,000 that is earning 8% per year. You expect to withdraw $20,000 per year for 4 years starting on your 21st birthday for graduate school. How much money will be left in the trust fund after your last withdrawal.

Reference no: EM13568029

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You expect to withdraw 20000 per year for 4 years starting

Reference no: EM13568029

Reference no: EM13568029

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