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Michael plans to retire in 11 years. When he does, he would like to withdraw $3,500 at the beginning of each quarter for 20
Michael plans to retire in 11 years. When he does, he would like to withdraw $3,500 at the beginning of each quarter for 20 years after he retires. If interest is 3.25% compounded semi-annually, how much must he deposit at the end of each month for the 11 years leading up to his retirement?
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
