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Clarence has a retirement fund of $ 3 0 0 , 0 0 0 that earns 1 1 % compounded quarterly. His plan is to

Clarence has a retirement fund of $300,000 that earns 11% compounded quarterly. His plan is to withdraw $3,000 at the end of every month for 12 years and then increase the monthly withdrawals to $5,000. How many $5,000 withdrawals will he be able to make?-Options are 43,51,48,56,30

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