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If you save $205 at the beginning of every three months for nine years, for how long can you withdraw $450 at the beginning of
If you save
$205
at the beginning of every
three months
for
nine
years, for how long can you withdraw
$450
at the beginning of each
quarter
starting
nine
years from now, assuming that interest is
3%
compounded
quarterly?
State your answer in years and months (from 0 to 11 months).
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