Question: Beginning three months from now, you want to be able to withdraw $2,900 each quarter from your bank account to cover college expenses over the

Beginning three months from now, you want to be able to withdraw $2,900 each quarter from your bank account to cover college expenses over the next four years.

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If the account pays .69 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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