You have accumulated some money from your retirement. You are going to withdraw 70,861 every year at the beginning of the year for the next 17 years starting from today, how much money will you have accumulated from retirement.
You have accumulated some money from your retirement. You are going
to withdraw 70,861 every year at the beginning of the year for the next 17 years starting from today, how much money will you have accumulated from retirement. your account pays 18.39 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows.