Derek currently has $13,602.00 in an account that pays 5.00%. He will withdraw $5,708.00 every other year beginning next year until he has taken 7.00 withdrawals. He will deposit $13602.0 every other...


Derek currently has $13,602.00 in an account<br>that pays 5.00%. He will withdraw $5,708.00<br>every other year beginning next year until he<br>has taken 7.00 withdrawals. He will deposit<br>$13602.0 every other year beginning two<br>years from today until he has made 7.0<br>deposits. How much will be in the account<br>28.00 years from today?<br>please answer using financial calculator and<br>show work<br>

Extracted text: Derek currently has $13,602.00 in an account that pays 5.00%. He will withdraw $5,708.00 every other year beginning next year until he has taken 7.00 withdrawals. He will deposit $13602.0 every other year beginning two years from today until he has made 7.0 deposits. How much will be in the account 28.00 years from today? please answer using financial calculator and show work

Jun 06, 2022
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