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3. How much money will you need to have in an account today if you wish to withdrawal $1,000 at the end of each quarter

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3. How much money will you need to have in an account today if you wish to withdrawal $1,000 at the end of each quarter for the first 5 years and then $1,500 at the end of each quarter for another ten years. Assume that you can earn interest at 7% compounded quarterly throughout

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