Question: 18 Problem 6-26 Calculating Annuity Present Values [LO1] Beginning three months from now, you want to be able to withdraw $2.400 each quarter from your

 18 Problem 6-26 Calculating Annuity Present Values [LO1] Beginning three months

18 Problem 6-26 Calculating Annuity Present Values [LO1] Beginning three months from now, you want to be able to withdraw $2.400 each quarter from your bank account to cover college expenses over the next three years. If the account pays 46 percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next three years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.) oints eBook Print References Present value

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