(Solved): Victor has been consistently withdrawing money from his savings account for several years. If he wi ...

Victor has been consistently withdrawing money from his savings account for several years. If he withdrew \( \$ 10000.0 \) every year for 3 years, and interest rate was \( 0.050 \) compounded annually, what was his original investment at time zero to enable these payments. At the end of 3 years his account balance was zero. Your Answer: Answer