Beginning three months from now, you want to be able to withdraw $2,100 each quarter from your
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Beginning three months from now, you want to be able to withdraw $2,100 each quarter from your bank account to cover college expenses over the next four years. If the account pays .45 percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next four years?
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Related Book For
Essentials of Corporate Finance
ISBN: 978-0078034756
8th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
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