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If you save $255 at the beginning of every three months for nine years, for how long can you withdraw $450 at the beginning of
If you save $255 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 8% compounded quarterly? State your answer in years and months (from 0 to 11 months).
You can withdraw $450 for __ year(s) and __ month(s). (Type whole numbers.)
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