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Ali invested $11,000 in a fund earning 7.5% compounded monthly. He withdraws $900 from the fund at the end of every quarter with the first
Ali invested $11,000 in a fund earning 7.5% compounded monthly. He withdraws $900 from the fund at the end of every quarter with the first withdrawal being made 4 years from now. How long will it take for the fund to be depleted? O 5 years and 3 months O 5 years and 1 months O 7 years and 0 months O 5 years and 0 months
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