Forum Discussion
jbuschtiru
Oct 24, 2021Copper Contributor
spend down account
I need an Excel formula.
I have a sum of money in an account (M). I want to make monthly withdrawals for a given period of time in years (T). This account will earn interest (I). At the end of the given period of time I want the account balance to be zero.
2 Replies
- jbuschtiruCopper Contributor