Beginning three months from now, you want to be able to withdraw $2,500 each quarter from your
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Beginning three months from now, you want to be able to withdraw $2,500 each quarter from your bank account to cover college expenses over the next 4 years. If the account pays .47 percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next 4 years?
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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