February 19, 2017

Homework Help: finance

Posted by mo on Monday, July 8, 2013 at 8:13pm.

David will retire to Florida in ten years. After he retires, he wants to take out $28,000 at the end of each year for 15 years. If he can invest the money at 8% annually, what amount must he invest today?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions