Question: For how long can $800 be withdrawn at the end of each month from an account originally containing $16 000, if interest is 6.8% compounded

For how long can $800 be withdrawn at the end of each month from an account originally containing $16 000, if interest is 6.8% compounded semi-annually?

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FV 16 00000 PMT 80000 i 3 4 c 212 16 p 1034 16 1 1005588 1 0... View full answer

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