In: Finance
Derek currently has $14,906.00 in an account that pays 5.00%. He will withdraw $5,734.00 every other year beginning next year until he has taken 8.00 withdrawals. He will deposit $14906.0 every other year beginning two years from today until he has made 8.0 deposits. How much will be in the account 29.00 years from today?
Please show steps (with calculator)