Question: it is right appendinx. I just copied it and put it in. there is no others appendix. 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447

it is right appendinx. I just copied it and put it in.there is no others appendix. 16 14.718 13.578 12.561 11.652 10.838 10.1069.447 8.851 8.312 7.824 6.974 6.265 5.669 5.162 4.730 4.003 3.503 3.088it is right appendinx. I just copied it and put it in. there is no others appendix.

16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.312 7.824 6.974 6.265 5.669 5.162 4.730 4.003 3.503 3.088 2.758 17 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.002 7120 6.373 5.749 5.222 4.775 4.059 3.518 3.097 2.763 18 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 7.250 6.467 5.818 5.273 4.812 4.080 3.529 3.104 2.767 19 17.226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 7.366 6.550 5.877 5.316 4.844 4.097 3.539 3.109 2.770 20 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.128 8.514 7.469 6.623 5.929 5.353 4.870 4.110 3.546 3.113 2.772 25 22.023 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.823 9.077 7.843 6.873 6.097 5.467 4.948 4.147 3.564 3.122 2.776 30 25.808 22.937 19.600 17.292 15.373 13.765 12.409 11.258 10.274 9.427 8.055 7.003 6.177 5.517 4.979 4.160 3.569 3.124 2.778 You have an IRA worth $200,000 and want to start to make equal, annual withdrawals (i.e., distributions from the account) for 15 years. You anticipate earning 5 percent on the funds. (To facilitate the calculation, assume an annuity due.) Use Appendix D to answer the questions. Round your answers to the nearest dollar. a. How much can you withdraw each year? b. Since you are earning 5 percent on your investments, how much of the withdrawal consumes your investments? c.How much will be in the account at the end of the first year? d. How much do you earn on your investments in the account during the second year? e. How much will be in the account at the end of the second year

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!