Question: Question 3 : Using the techniques learned so far, solve the following problem. Beginning 1 year from today, you deposit a constant amount per year

Question 3: Using the techniques learned so far, solve the following problem. Beginning 1 year from today, you deposit a constant amount per year for the next 20 years with an interest rate of 12%. Three years after the last deposit, you begin making the first of 10 equal annual withdrawals of $200,00 from the account.

- If you want a zero balance after the last withdrawal, what is the size of the equal annual deposits?

- How much would be in the account in 10 years?

- How much would be in the account in 20 years?

- How much would be in the account in 25 years?

Using annuity/perpetuity table's to solve

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