Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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You plan to retire in 10 years with $385,337. You plan to make X withdrawals of $59,856 per year. The expected return is 17.26 percent
per year and the first regular withdrawal is expected in 10 years. What is X?
Input instructions: Round your answer to at least 2 decimal places.
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Transcribed Image Text:You plan to retire in 10 years with $385,337. You plan to make X withdrawals of $59,856 per year. The expected return is 17.26 percent per year and the first regular withdrawal is expected in 10 years. What is X? Input instructions: Round your answer to at least 2 decimal places.
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Principles of Accounting Volume 2
Accounting
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax College