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Giselle wants to withdraw $7500 at the beginning of every three months for 20 years starting on the day of her retirement. If she
Giselle wants to withdraw $7500 at the beginning of every three months for 20 years starting on the day of her retirement. If she will retire in 24 years and interest is 3.95% compounded quarterly, how much must she deposit into an account at the beginning of every quarter for the next 24 years starting now? Show all inputs and any other necessary work below. This question requires two separate steps. Show all inputs for both steps and any other necessary work. P/Y= C/Y = N = I/Y = PV= PMT= P/Y=> C/Y= N = I/Y= PV = PMT= FV= FV => Final Answer:
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