A deposit of $10000 is made today. Semi annual withdrawals of $R are made for 15 years,
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A deposit of $10000 is made today. Semi annual withdrawals of $R are made for 15 years, first withdrawal made 6 months from today. The fund earns interest at j2= 10% for the first 6 years and j2=6% thereafter. What is R?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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