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Elsie Shen wants to withdraw $6000 at the beginning of every 3 months for 20 years, starting

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Elsie Shen wants to withdraw $6000 at the beginning of every 3 months for 20 years, starting at the date of her retirement. If she retires in 18 years and interest is 4.68% compounded quarterly, how much must she deposit into an account every quarter for the next 18 years, starting now?
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PMT 600000 i 117 n 80 60001011751766652 314 2339344 FV due 314 2339...View the full answer


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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional. Since 2012 I am providing home tutions.
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