On january 1 a woman deposits 5000 in a credit union that, Ask an Expert

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On january 1, a woman deposits $5000 in a credit union that pays 8% nominal annual interests, compounded quaterly. She wishes to withdraw all the money in five equal yearly sums, begining december 31 of the first year. How much should she withdraw each year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92395054

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