Question: . You will deposit $2000 today. It will grow for 5 years at 12% interest, but compounded Semi- annually, you will then withdraw the funds
. You will deposit $2000 today. It will grow for 5 years at 12% interest, but compounded Semi- annually, you will then withdraw the funds annually over the next 4 years at the end of each year, with an annual interest rate of 8o6. Your annual withdrawal will be approximately
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