Helen can earn interest in her savings account suppose


Helen can earn interest in her savings account. Suppose Helen deposits $4000 today and one quarter from today she deposits $1000. Each quarter she increases her deposit by $50 until the end of 20years. Starting from 25th year, she would like to withdraw the annually uniform amount for 10 years. Assume 3% interest compounded monthly. How much can Helen withdraw every year?

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Business Economics: Helen can earn interest in her savings account suppose
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