Question: Current Attempt in Progress Your answer is incorrect. Sally Monroe wants to create a fund today that will enable her to withdraw $33,100 per year
Current Attempt in Progress Your answer is incorrect. Sally Monroe wants to create a fund today that will enable her to withdraw $33,100 per year for 8 years, with the first withdrawal to take place 5 years from today. Click here to view factor tables If the fund earns 15\% interest, how much must Sally invest today? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581 .) Step by Step Solution
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