Solution-Ed sloan wants to withdraw 25000 including

Ed sloan wants to withdraw 25000 including principal from

Reference no: EM13485566

Ed Sloan wants to withdraw $25,000 (including principal) from an investment fund at the end of each year for five years. How should he compute his required initial investment at the beginning of the first year if the fund earns 10% compounded annually?

Reference no: EM13485566

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Ed sloan wants to withdraw 25000 including principal from

Reference no: EM13485566

Reference no: EM13485566

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