Economy, asked by shyamilisathyan, 7 months ago

To prepare for early retirement a self employed consultant deposits 5500Rs into retiement savings plan each year for 20 years,starting on her 31st birthday. When she is 51 she wishes to draw out 30 equal annual payments . What is the size of each withdrawal if j1=12% for the first 10 year period, j1=10% for the next 10 year period and j1=11% for the 30 year retirement period?

PLS DONT SPAM IF U DONT KNOW THE ANSWER. KINDLY INCLUDE THE EXPLANATION AND STEPS.

Answers

Answered by poornimamadu9

0

Answer:

49

Explanation:

49 is the correct answer

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