If a single deposit of 25000 is invested at 175 yearly, Ask an Expert

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If a single deposit of $25000 is invested at 1.75% yearly interest, what equal year-end withdrawals can be made each year for 10 years, leaving nothing in the fund after the 10th withdrawal? How much money was made in interest over the initial investment?

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Statistics and Probability, Statistics

Category:- Statistics and Probability
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