Andre Has Saved $152 000

question 77

Essay

Andre has saved $152 000.00. If he withdraws $1750.00 at the beginning of every month and interest is 7.5% compounded monthly, what is the size of the last withdrawal?

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Definitions:

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A German sociologist, philosopher, and political economist known for his theories on the structure of society, bureaucracy, and the nature of authority.

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