Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 1 Day Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 07 Oct 2017 My Price 3.00

withdraw a fixed amount

Imagine you have $200000 to invest, at a constant rate of9 % , and that you want to withdraw a fixed amount I at the end of each year for the next twenty years. What is the maximum possible value of I for which this is possible? Answer the same question if with drawals of1 are to be made at the beginning of each of the next twenty years (including the present year)

Answers

Maurice Tutor
(5)
Status NEW Posted 07 Oct 2017 09:10 PM My Price 3.00

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