As a retention bonus (to keep you from leaving for a competitor) Weyland-Yutani Industries offers you an account with $109,797 earning 11.2 percent per year. You are allowed to withdraw from it at the...


As a retention bonus (to keep you from leaving for a competitor) Weyland-Yutani Industries offers you an account with $109,797 earning 11.2 percent per year.  You are allowed to withdraw from it at the at the end of every year, over 7 years, in equal annual withdrawals until the account is completely depleted. How much are your withdrawals?  Answer to the nearest cent, and enter without the dollar sign.




Jun 08, 2022
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