Carl Dehne has $80,000 in an account paying 4 8 interest, compounded monthly He plans to use up all the money by making equal monthly withdrawals for 15 years If the interest rate is 4 8 , find the amount of each withdrawal Carl Dehne has $80,000 in an account paying 4 8 interest, compounded month...

PV PMT x 1 1 rn r In this case the interest rate is 48 per year ...

Carl Dehne has $80,000 in an account paying 4.8% interest, compounded monthly. He plans to use...

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Mar 21, 2023 08:27 AM

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Carl Dehne has $80,000 in an account paying 4.8% interest, compounded monthly. He plans to use...

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