25000 is deposited in a savings account that pays 10


$25,000 is deposited in a savings account that pays 10% interest, compounded monthly. Equal annual withdrawls are to be made from the account, beginning one year from now and countinuing forever. What is the amount of the annual withdrawl?

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Civil Engineering: 25000 is deposited in a savings account that pays 10
Reference No:- TGS0646547

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