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A Nationalized Bank offered a pension plan as an ordinary annuity that earned 6.5% compounded annually. A person plans to make equal annual deposits of ` 2000 into this account for 25 years and then make20 equal annual withdrawals, reducing the balance in the account to zero. How much can be withdrawn annually for the next 20 years? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A Nationalized Bank offered a pension plan as an ordinary annuity that earned 6.5% compounded annually. A person plans to make equal annual deposits of ` 2000 into this account for 25 years and then make20 equal annual withdrawals, reducing the balance in the account to zero. How much can be withdrawn annually for the next 20 years? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A Nationalized Bank offered a pension plan as an ordinary annuity that earned 6.5% compounded annually. A person plans to make equal annual deposits of ` 2000 into this account for 25 years and then make20 equal annual withdrawals, reducing the balance in the account to zero. How much can be withdrawn annually for the next 20 years?.

Solutions for A Nationalized Bank offered a pension plan as an ordinary annuity that earned 6.5% compounded annually. A person plans to make equal annual deposits of ` 2000 into this account for 25 years and then make20 equal annual withdrawals, reducing the balance in the account to zero. How much can be withdrawn annually for the next 20 years? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

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