Jiao deposited her sales commission of $15,500 in an investment that was growing at 7% compounded monthly.
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Jiao deposited her sales commission of $15,500 in an investment that was growing at 7% compounded monthly. If she wanted to withdraw $2500 at the beginning of every quarter, with the first withdrawal to be made four years from now, how long will she be able to make withdrawals?
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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