Question: Needing help- previous tutor got this wrong so I had to re do it PF.8 Payout Annuities - Homework Score: 12.67/42 5/15 answered Question 7

Needing help- previous tutor got this wrong so I had to re do it

PF.8 Payout Annuities - Homework Score: 12.67/42 5/15 answered Question 7 You have $500,000.00 saved for retirement. Your account earns 5% interest compounded quarterly. How much will you be able to pull out each quarter, if you want to be able to take withdrawals for 20 years? I will be able to pull out each quarter for 20 years. Question Help: Video 1 ) Video 2 Submit

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