IDNLearn.com: Your go-to resource for finding expert answers. Join our Q&A platform to receive prompt and accurate responses from knowledgeable professionals in various fields.
You expect to have the given amount in an account with the given terms. Find how much you can withdraw periodically in order to make the account last the specified amount of time. Round your answer to the nearest cent.
Account balance: $400,000
Interest rate: 4.65%
Frequency quarterly
Time: 30 years
Sagot :
Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Thank you for visiting IDNLearn.com. We’re here to provide accurate and reliable answers, so visit us again soon.