IDNLearn.com provides a user-friendly platform for finding and sharing knowledge. Discover trustworthy solutions to your questions quickly and accurately with help from our dedicated community of experts.

а
ا ن و و
An account paying 4.6% interest compounded quarterly has a balance of $506,732.32. Determine the amount that
can be withdrawn quarterly from the account for 20 years, assuming ordinary annuity.
$9,722.36
b $6,334.15
$23,965.92
d. $7,366.99


Sagot :

B 6,334.15 because
An account paying
4.6% intrest
And

Answer:

answer Option A $9,722.36

I am 100% sure

We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. Discover the answers you need at IDNLearn.com. Thanks for visiting, and come back soon for more valuable insights.