1.After depositing $23,795, 890.30 today into an account that offers 12 percent compounded annually , how many...

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1.After depositing $23,795, 890.30 today into an account that offers 12 percent compounded annually, how many times will you be able to make annual withdrawals of $2,675,000 from the account if:

a)The first withdrawal is made today, immediately after the deposit?

b)The first withdrawal is made one year from today?

Posted Date: May 15, 2024 01:50 PM

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1.After depositing $23,795, 890.30 today into an account that offers 12 percent compounded annually , how many...

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