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only answer needed A person deposits $200 per month into a savings account for 2 years. If $75 is withdrawn in months 4, 7 and
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A person deposits $200 per month into a savings account for 2 years. If $75 is withdrawn in months 4, 7 and 8 (in addition to the deposits), construct the cash flow diagram to determine how much will be in the account after 2 years at i = 6% per year, compounded quarterly. Assume there is no interperiod interest. $4,050 $3,090 $2,245 $4,814Step by Step Solution
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