It will grow for 6 years at 10 interest compounded


You will deposit $8,000 today. It will grow for 6 years at 10% interest compounded semiannually. You will then withdraw the funds annually over the next 4 years. The annual interest rate is 8%. Your annual withdrawal will be:

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Accounting Basics: It will grow for 6 years at 10 interest compounded
Reference No:- TGS02594508

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