of 16% per year? You have deposited $7,790 in a special account that has a guaranteed interest rate of 16% per year. If you are willing to completely exhaust the account, what is the maximum amount that you could withdraw at the end of each of the next 5 years? Select the amount below that is closest to your answer.
a. $1,558
b. $2,542
c. $2,379
d. $1,618
Best answer is available on www.onlinesolutionproviders.com
a. $1,558
b. $2,542
c. $2,379
d. $1,618
Best answer is available on www.onlinesolutionproviders.com