Question: Please solve the below question .My answer is wrong . I have provided you the correct answer and also the formula pls provide the steps
Please solve the below question .My answer is wrong . I have provided you the correct answer and also the formula pls provide the steps of how to solve the question below.



\fUse the future value of all payments made as the present value in the fennula fer the present value of an ordinary simple annuity, shown below, where F'l'u'lT is the payment, i is the penedir: interest rate, and n is the number of periods, and solve for PMT. This annuity represents the amounts withdrawn from the thst fund. 1{1+n'"] ma=PMT[ I \f
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