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Beginning three months from now, you want to be able to withdraw $2.300 each quarter from your bank account to cover college expenses over the

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Beginning three months from now, you want to be able to withdraw $2.300 each quarter from your bank account to cover college expenses over the next four years. If the account pays 45 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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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