150000 is deposited in a fund that pays 5 annual compound, Ask an Expert

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$150,000 is deposited in a fund that pays 5% annual compound interest for 2 years, 3% annual compound interest for 2 years, and 4% annual compound interest for 2 years. If uniform annual withdrawals occur over the 6-year period, what will be the magnitude of the annual withdrawals?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91675825

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