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Andre's wonderful parents established a college savings plan for him when he was born. They deposited $ 5 0 into the account on the last

Andre's wonderful parents established a college savings plan for him when he was born. They deposited $50 into the account on the last day of each month. The account has earned 10.9% compounded monthly, tax-free. How much can they withdraw each year beginning on his 18 th birthday to spend on his education for the next four years if they can earn 6% on the balance?
A. $8,250
B. $8,859
C. $9,068
D. $9,564
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