Your father deposits 40000 now into an account which will, Business Economics

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Your father deposits 40000 now into an account which will

Your father deposits $40,000 now into an account which will earn interest at a rate of 7% per year compounded quarterly. How much money can he withdraw every 6 months, if he makes his first withdrawal 15 years from now and he wants to make a total of 10 withdrawals?

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Business Economics: Your father deposits 40000 now into an account which will

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