Jan. 1, 2017. Let the ff. be the accumulated fund value on Jan 1, 2020: аське P under the portfolio method. Q: under the investment method year R: if the balance is withdrawn at the end of every year and is remwested at a new rate. armine and rank P, Q, R. 2017 (It i₁) (Iti₂) (itiz) P Q R 2018 2019 8.60% 8.85% 9.60% 10% 8.35% 9.50% 9.50% 9.50% 10% = 100,000 (1.0835) (1.086) (1.088) Q = 100,00 R = 100,000
Jan. 1, 2017. Let the ff. be the accumulated fund value on Jan 1, 2020: аське P under the portfolio method. Q: under the investment method year R: if the balance is withdrawn at the end of every year and is remwested at a new rate. armine and rank P, Q, R. 2017 (It i₁) (Iti₂) (itiz) P Q R 2018 2019 8.60% 8.85% 9.60% 10% 8.35% 9.50% 9.50% 9.50% 10% = 100,000 (1.0835) (1.086) (1.088) Q = 100,00 R = 100,000
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 10RE: If 90,000 is invested in a fund on December 31, 2019, and 5 equal annual withdrawals of 23,138.32...
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get the value of P, Q, R then arrange it from smallest
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