K Kaye deposited $10,000 into a savings account today. For how long can $680 be withdrawn...

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K Kaye deposited $10,000 into a savings account today. For how long can $680 be withdrawn from the account at the end of every year starting one year from now if interest is 6.5% compounded annually? State your answer in years and months (from 0 to 11 months). She can make withdrawals for year(s) and month(s). As K Kaye deposited $10,000 into a savings account today. For how long can $680 be withdrawn from the account at the end of every year starting one year from now if interest is 6.5% compounded annually? State your answer in years and months (from 0 to 11 months). She can make withdrawals for year(s) and month(s). As

Answer rating: 100% (QA)

Heres how to calculate how long Kaye can make withdrawals Set up the formula We can use the ... View the full answer