Business, 30.12.2021 14:00 skywil8981

An account paying 3. 2% interest compounded semiannually has a balance of $32,675. 12. Determine the amount that can be withdrawn from the account semiannually for 5 years. Assume ordinary annuity and round to the nearest cent. A. $3,505. 80 b. $3,561. 90 c. $3,039. 09 d. $2,991. 23.

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An account paying 3. 2% interest compounded semiannually has a balance of $32,675. 12. Determine the...