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Compound interest on deposits

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You will deposit $2000 today. It will grow for 6 years at 10% interest compounded semiannually. You will then withdraw the funds annually over the next 4 years. the annual interest rate is 8%. What will the withdrawal be?

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The expert examines the compounded interest on deposits.

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The FV of $2000 deposit at the end of 6 years @10% p.a. compounded ...

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