1 - San Francisco State University
This assumes that the last withdrawal of $50k is (or $50k balance that is made available) one year after your aunt’s last withdrawal. B) If we interpret the question as making the $50K available immediately after the last withdrawal, then the question could be solved in this way: under END mode: -$455 PV, $45 PMT,$50 FV, 5.5 I/Y, CPT N, N=13 ... ................
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