Question: Daniel deposits $ 1 8 , 5 0 0 into an account earning interest at 5 % per year compounded quarterly. He wishes to withdraw

Daniel deposits $18,500 into an account earning interest at 5% per year compounded quarterly. He wishes to withdraw $425 at the end of each month. For how many months can he make these withdrawals? Note that your answer needs to be an integer value.

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