Tami would like to withdraw $10,364.10 at the end of each year, for 10 years, from an account paying 2.3% compounded annually. Determine the amount needed in the account for Tami to do this. Round to the nearest cent.
a.
$115,052.98
b.
$103,641.00
c.
$91,651.92
d.
$93,759.91
Answers
Answered by
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Answer: b
Step-by-step explanation:
Answered by
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Answer:
c.
$91,651.92
Step-by-step explanation:
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