Area under the standard normal curve
Find the area under the standard normal curve over the interval z = ?0.53 to z = 0.53. Compute probabilities using the standard normal table in Appendix B (Table 3). Round the answer to four decimal places.
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How much must must be deposit right now, at the end of year 0, to just deplete the account after the 5 withdraws if the interest is 5% compounded annually?
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