math
posted by babykate112 on .
How much money must you deposit now at 6% interest compounded quarterly in order to be able to withdraw $5000 at the end of each quarter for five years?

PV = 500( 1  1.015^20)/.015
= .....
posted by babykate112 on .
How much money must you deposit now at 6% interest compounded quarterly in order to be able to withdraw $5000 at the end of each quarter for five years?
PV = 500( 1  1.015^20)/.015
= .....