How much must amy invest today

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Amy Monroe wants to create a fund today that will enable her to withdraw $35,000 per year for 6 years, with the first withdrawal to take place 4 years from today. If the fund earns 15%, how much must Amy invest today?

Reference no: EM131262862

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How much must amy invest today : Amy Monroe wants to create a fund today that will enable her to withdraw $35,000 per year for 6 years, with the first withdrawal to take place 4 years from today. If the fund earns 15%, how much must Amy invest today?
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