Question: please solve in the following format, if applicable: FV (future value) = PV (present value) = PMTvend (end payment) = I/YR (interest rate) = N

please solve in the following format, if applicable: FV (future value)

please solve in the following format, if applicable:

FV (future value) = PV (present value) = PMTvend (end payment) = I/YR (interest rate) = N (periods) =

3. In three months from now, you want to be able to start withdrawing $4,800 each quarter from your bank to cover college expenses over the next five years. The account pays an APR of 4.95% compounded quarterly. How much do you need to have in your account today to meet your expenses for the next five years

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