Question: You currently have $ 8 0 , 0 0 0 which you will need to cover your expenses over the next 4 years of your
You currently have $ which you will need to cover your expenses over the next years of your studies. The funds are in an account paying per year. You estimate the cost in the first year to be $ but you arent sure about the costs for the remaining three years. You would like to know how much you could withdraw annually as an equal annual sum for each of the remaining three years. Find the annual withdrawal you could afford for those final years within $
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