Dr Nick

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About Dr Nick

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Teaching Since: May 2017
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  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

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  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 19 Jul 2017 My Price 12.00

the answer to two decimal places.

#3A (FV and PV of annuity due annually) 2

Finance 330

You have accumulated some money for your retirement. You are going to withdraw $84,497 every year at the beginning of the year for the next 22 years starting from today. How much money have you accumulated for your retirement? Your account pays you 5.56 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows. Round the answer to two decimal places. 

 

Answers

Dr Nick
(4)
Status NEW Posted 19 Jul 2017 07:07 AM My Price 12.00

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