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Joslyn just inherited an investment account with $35,000 in it. The investment grows at 8% per year compounded quarterly. She would like to withdraw all
Joslyn just inherited an investment account with $35,000 in it. The investment grows at 8% per year compounded quarterly. She would like to withdraw all of the money by making 4 equal quarterly withdrawals over the course of 5 years. What should the value of each withdrawal be? $1,967 $2,521 $2,647 $2,140 $3,001
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