12 Suppose I want to be able to withdraw $5,000 at the end of five years and withdraw $6,000 at the end of six years, leaving a zero balance in the account after the last withdrawal If I can earn 5 on my balances, how much must I deposit today to satisfy my withdrawals needs Given Hint There are t...

Answer Q12 Amount to be deposited today is the sum of present value of the 2 future withdrawals to b ...

12- Suppose I want to be able to withdraw $5,000 at the end of five years...

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12- Suppose I want to be able to withdraw $5,000 at the end of five years and withdraw $6,000 at the end of six years, leavin

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