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Samuel David wants to make 5 equal annual withdrawals of $8,000 from a fund that...

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Accounting

Samuel David wants to make 5 equal annual withdrawals of $8,000 from a fund that will earn interest at 10% compounded annually.
Required:
How much would Samuel have to invest on:
Round your answers to two decimal places.
January 1,2019, if the first withdrawal is made on January 1,2020?
$ fill in the blank 1
January 1,2019, if the first withdrawal is made on January 1,2019?
$ fill in the blank 2

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