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as a All answers must be entered formula. Click OK to begin. OK C5 Excel Saved A D E F G H 1 4 3
as a All answers must be entered formula. Click OK to begin. OK C5 Excel Saved A D E F G H 1 4 3 Beginning three months from now, you want to be able to withdraw $2,200 each quarter from your bank account to cover college expenses over the next four years. If the account pays 43 percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next four years? 15 points 4 5 6 eBook $ 7 Print Quarterly withdrawal Quarters per year Number of years Interest rate per quarter 2,200 4 4 0.43% 8 References 9 10 11 12 Complete the following analysis. Do not hard code values in your calculations. Your answer should be positive. 13 14 Amount needed today 15 16 17 18
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