Voting Theory - OpenTextBookStore
After the last contribution, he will start withdrawing $10,000 a quarter for 10 years. Assuming Mike's account earns 8% compounded quarterly, how large must his quarterly contributions be during the first 15 years, in order to accomplish his goal? Kendra wants to be able to make withdrawals of $60,000 a year for 30 years after retiring in 35 years. ................
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