Question
Beginning three months from now, you want to be able to withdraw $2,500 each quarter from your bank account to cover college expenses over the
Beginning three months from now, you want to be able to withdraw $2,500 each quarter from your bank account to cover college expenses over the next four years.
| Required: |
| If the account pays .65 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? |
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Financial Management For Nurse Managers Merging The Heart With The Dollar
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
