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Your company borrows $150,000 agreeing to pay the balance in 15 equal installments to include...

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Accounting

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Your company borrows $150,000 agreeing to pay the balance in 15 equal installments to include principal plus 8% interest. What should the payments be? Your aunt is 80 years old. Over the years she has accumulated savings of $170,000. She estimates that she will live another 10 years at the most and wants to spend her savings. She places her money in an account earning 2%. She will make 10 equal annual withdrawals. How much will she be able to withdraw each year

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