$1,000 is invested in a fund earning 8% compounded quarterly. The first quarterly withdrawal of $100 at the quarter end will be taken from the fund 10 years from now. How many quarters withdrawals will it take to deplete the fund?__$. If the interest rate is 8% compounded daily, how many quarters withdrawals will it take to deplete the fund?____$. daily rate: =(1+8%/365)^(365/4)-1