Question:
A couple received a 137 000 inheritance the year they turned
Last updated: 4/25/2023
A couple received a 137 000 inheritance the year they turned 49 and invested it in a fund that earns 6 6 compounded semiannually If this amount is deferred for 13 years until they retire how much will it provide at the end of each half year in dollars for the next 20 years after they retire Round your answer to two decimal places