Question: Julia Monroe wants to create a fund today that will enable her to withdraw $31,400 per vear for 8 years, with the first withdrawal to
Julia Monroe wants to create a fund today that will enable her to withdraw $31,400 per vear for 8 years, with the first withdrawal to take place 5 years from todar. Click here to view factor tables. If the fund earns 9 X interest, how much must Julia imvest today? (Round factor volues to 5 decimal places, es: 1.25124 and final answer to Odecimal ploces, es. 458,581] Irvestment amount
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