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Beginning three months from now, you want to be able to withdraw $4000 each quarter from your bank account to cover college expenses over the next four years If the account pays 80 percent interest

Beginning three months from now, you want to be able to withdraw $4,000 each quarter from your bank account to cover college expenses over the next four years. If the account pays .80 percent interest per quarter, how much do you need to have in your bank account today to meet your expenses needs over the next four years?

Jun 18 2020 View more View Less

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