You want to be able to withdraw $20,000 each year for 15

Last updated: 7/21/2022

You want to be able to withdraw $20,000 each year for 15 years. Your account earns 8% interest. a) How much do you need in your account at the beginning? 171189.5 b) How much total money will you pull out of the account? $3000000 X c) How much of that money is interest?