How much must be invested to make four annual withdrawal

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How much must be invested to make four annual withdrawal of $20,000 each for tuition payments if you can earn 8% compounded annually on your investment and the first withdrawal will take place in one year.

Reference no: EM13728463

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How much must be invested to make four annual withdrawal : How much must be invested to make four annual withdrawal of $20,000 each for tuition payments if you can earn 8% compounded annually on your investment and the first withdrawal will take place in one year.
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