Question: # 3 Derek currently has $ 1 2 , 3 1 1 . 0 0 in an account that pays 4 . 0 0 %

#3
Derek currently has $12,311.00 in an account that pays 4.00%. He will withdraw $5,548.00 every other year beginning next year until he has taken 4.00 withdrawals. He will deposit $12311.0 every other year beginning two years from today until he has made 4.0 deposits. How much will be in the account 29.00 years from today?

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