Question: I want to know how can I solve this problem using BA ll plus calculator and any other methods in detail step by step. Question:
I want to know how can I solve this problem using BA ll plus calculator and any other methods in detail step by step.
Question: Your account pays interest of 4% p.a. Assume that you Deposit $8000 into the account today. You plan to withdraw some money from the account at the end of year 1. If you want the amount remaining in your account at the end of year 2 exactly $4000, how much can you withdraw at the end of year 1 ( so that the balance remaining at the year 2 is $4000)?

Your account pays interest of 4% p.a. Assume that you deposit $8,000 into the account today. You plan to withdraw some money from the account at the end of year 1. If you want the amount remaining in your account at the end of year 2 to be exactly $4,000, how much can $4,000)? you withdraw at the end of year 1 (so that the balance remaining at the end of year 2 is 8320 4. 400.0 8600 38 46. 18:38 4473- 8462 withdraw
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