Viper4lt Viper4lt
  • 23-03-2024
  • Mathematics
contestada

• Question 4
2 pts
Use the Payout Annuity / Loans formula.
Round answer to the hundredths place.
Mr. Robinson has $20,000 in a CD that pays
4% annual rate. If he wants to give all the
money in the account to a charity in the next
10 years with 10 equal annual donations,
how much should he withdraw each year? $

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