2. Finance
3. you have just received an endowment and placed this money...

# Question: you have just received an endowment and placed this money...

###### Question details

You have just received an endowment and placed this money in a savings account at an annual rate of 10.26 percent. You are going to withdraw the following cash flows for the next five years.

End of year
1. $9,626 2.$9,328
3. $2,282 4.$4,421
5. \$11,907