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How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually?
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How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually?
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Feb 3, 2017
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How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually?
Mathematics
high-school
Pitr
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i think its
$117,817.20
Indya
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Feb 7, 2017
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Indya
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How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8 percent compounded annually? $117,817.20 or $454,144.00 or $112,817.
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How much would howard steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually? (use the tables in the handbook.) $117,817.
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