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Andre wants to withdraw $900 at the end of every month for 4 years from an account earning 8.25% interest compounded annually (assume the account

Andre wants to withdraw $900 at the end of every month for 4 years from an account earning 8.25% interest compounded annually (assume the account will be exhausted at the end of 4 years). a. State the nominal rate converted monthly that is equivalent to 8.25% compounded annually. b. How much must be in the account NOW in order for Andre to make these withdrawals

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