Business, 09.11.2020 16:20 brooke012002

On January 1 a man deposit $5000 in a credit union that pays 8% interest, compounded annually. He wishes to withdraw all the money in five equal end-of-years sums, beginning December 31st of the first year. How much should he withdraw each year?

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On January 1 a man deposit $5000 in a credit union that pays 8% interest, compounded annually. He wi...