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Click to see additional instructions A savings account currently has a balance of $10000. The account holder is expected to take out $200 every month

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Click to see additional instructions A savings account currently has a balance of $10000. The account holder is expected to take out $200 every month for 4 years. If the interest rate is 6% per year, what will be the account balance after 4 years. PV (current balance) = (interest rate per month) = N(number of withdrawals) = PMT (amount of regular withdraw) = (negative for withdraw, positive for deposit) FV (future balance) = (positive value)

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