Question: Question 4 Question 4 You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how

Question 4

Question 4 You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar. Regular withdrawal: Interest rate: Frequency Time: Account balance: $ $4900 4.5% monthly 11 years Question Help: @ Video E Message instructor Submit Question

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