If You Want To Withdraw Money Each Year For The Next Four Years And You Want Eac

If you want to withdraw money each year for the next four years, and you want each withdrawal to have $35,000 worth of purchasing power as measured in current dollars. If the inflation rate is 6% per year, then the withdrawal will simply have to increase by 4% each year to compensate. What are the withdrawals each year during the next four years?

Need your ASSIGNMENT done? Use our paper writing service to score good grades and meet your deadlines.


Order a Similar Paper Order a Different Paper