Question

D Question 4 0.04 pts A rich singer has donated $469283 to endow a university professorial chair in Bohemian Studies. If the money is invested at 17.54%, how much can be withdrawn each year, ad infinitum (indefinitely), to pay the Professor of B.S.? Enter your answer as follow: 123456

Answer 1

how much money can be withdrawn each year will be

=469283*17.54%

=82312.24

the above is answer..