Fill This Form To Receive Instant Help
Homework answers / question archive / At the end of December 2017, George made a one-time deposit of $175,000 into an account
At the end of December 2017, George made a one-time deposit of $175,000 into an account. Then he withdrew $6,000 from the account at the end of every month, with the first withdrawal at the end of January 2018. How much money will be left in the account after his withdrawal at the end of December 2019 (there were a total of 24 withdrawals)? The account used to earn interest at an annual rate of 8.4 percent compounded monthly.
Please use this google drive link to download the answer file.
https://drive.google.com/file/d/1S5QR03bUT_hXZ2rc0FBUEmXxLtRbbwIG/view?usp=sharing
Note: If you have any trouble in viewing/downloading the answer from the given link, please use this below guide to understand the whole process.
https://helpinhomework.org/blog/how-to-obtain-answer-through-google-drive-link