larry ira problem

Project Description:

larry has an ira that has $1,000,000 in it when he retires.

assume that money earns an annual rate of 4% compounded quarterly for all questions.

after retirement - what is the minimum quarterly withdrawal each quarter over the next 25 years so that the balance is zero on his last withdrawal?
Skills Required:
Project Stats:

Price Type: Fixed

Project Budget: $0 to $10
Total Proposals: 2
1 Current viewersl
22 Total views
Project posted by:


Proposals Reputation Price offered