Question: A perpetuity earning 3.50% compounded semi-annually is started with a $233,000.00 investment. How much money could be regularly withdrawn from the investment every 6

A perpetuity earning 3.50% compounded semi-annually is started with a $233,000.00 investment.

A perpetuity earning 3.50% compounded semi-annually is started with a $233,000.00 investment. How much money could be regularly withdrawn from the investment every 6 months? $4 Round your answer to the nearest cent

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