
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Suppose 10 years ago your father deposited $ 25,000 in an account earning 4.6%. Every year you withdrew $1,200 (your first withdrawal occurred 9 years ago, your last withdrawal is today, you withdrew 10 times in total). How much money is in the account after you withdrew today? Round your final answer to two decimal places.
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