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please give clear explanation.. Sally received and invested $57,642 from her parents to fund her post-secondary education. She would like to withdraw $5000 at the
please give clear explanation..
Sally received and invested $57,642 from her parents to fund her post-secondary education. She would like to withdraw $5000 at the beginning of every quarter, starting today so that she can pay for tuition and books each semester. If her investrnent fund earns 2.95% compounded quarterly, for how many years can she pay for her education? Select one: O a. 10 years b. 3 years O c. 4 years O d. 12 years Next page Next activity tivity Application Activity #2. LearningStep by Step Solution
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