Question: Example 1 How much money can be withdrawn every 3 months (beginning 3 months from now) for 12 years from an account which earns

Example 1 How much money can be withdrawn every 3 months (beginning

Example 1 How much money can be withdrawn every 3 months (beginning 3 months from now) for 12 years from an account which earns interest of 24% per year, compounded monthly, if the account contains $100,000 and the last withdrawal will empty the account?

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