Mark is tiring and wishes to distribute his 1,000,000 to his sons at the rate of 100,000

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Mark is tiring and wishes to distribute his 1,000,000 to his sons at the rate of 100,000 per year. If the 1,000,000 is deposited in a bank account that earns 6% interest per year, how many years will it take to completely depleted the account?

Posted Date: Oct 28, 2021 12:38 PM

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Mark is tiring and wishes to distribute his 1,000,000 to his sons at the rate of 100,000

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d early withdrawl d 100000 Y 6 006 Balance af Y0 1 000... View the full answer

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