Question: 5. [-/2 Points] DETAILS WANEFMAC7 3.3.014. MY NOTES PRACTICE ANOTHER Find the present value PV of the annuity account necessary to fund the withdrawal given.
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5. [-/2 Points] DETAILS WANEFMAC7 3.3.014. MY NOTES PRACTICE ANOTHER Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $2,700 per month for 15 years, if the account earns 2% per year PV = $ Need Help? Read It Watch It
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