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8. The amount of money you must deposit into an account paying 8% compounded quarterly in order to be able to make quarterly withdrawals of
8. The amount of money you must deposit into an account paying 8% compounded quarterly in order to be able to make quarterly withdrawals of $1000 for the next 4 years can be determined using formula for:
8. _______
A. Single-payment, simple interest
B. Single-payment, compound interest
C. Sequence of payments: present value of an ordinary annuity
D. Sequence of payments: future value of an ordinary annuity
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