Question: How much in dollars) is needed in an account that earns 7.2% compounded monthly to withdraw $1,000 at the end of each month for 10

How much in dollars) is needed in an account that earns 7.2% compounded monthly to withdraw $1,000 at the end of each month for 10 years? (Round your answer to two decimal places.) $ 58336230.15 x

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