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Q: If you have \$20,000 in an account earning 8% annually, what constant amount could you withdraw each year and have nothing remaining at the end of 5 years?
A: If you have \$20,000 in an account earning 8% annually, the constant amount could you withdraw each year and have nothing remaining at the end of 5 years is: \$3,408.88
Original conversation
User: If you have \$20,000 in an account earning 8% annually, what constant amount could you withdraw each year and have nothing remaining at the end of 5 years?

Weegy: If you have \$20,000 in an account earning 8% annually, the constant amount could you withdraw each year and have nothing remaining at the end of 5 years is: \$3,408.88
yeswey|Points 3020|

User: At what rate must \$400 be compounded annually for it to grow to \$716.40 in 10 years?

Weegy: 6% rate must \$400 be compounded annually for it to grow to \$716.40 in 10 years.
wisbest|Points 2734|

User: The present value of a single future sum

User: Compute the payback period for a project with the following cash flows, if the company's discount rate is 12%. Initial outlay = \$450 Cash flows: Year 1 = \$325 Year 2 = \$65 Year 3 = \$100 A. 3.43 years B. 3.17 years C. 2.88 years D. 2.6 years

Weegy: The payback period for a project with the following cash flows, [ if the company's discount rate is 12% is: 2.6 years. ]

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