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Q6) Lewis Litt is saving up for his daughter's law school education by depositing $1,000 monthly for 18 years into a savings account earning 6%
Q6) Lewis Litt is saving up for his daughter's law school education by depositing $1,000 monthly for 18 years into a savings account earning 6% compounded annually. She will then make end of quarterly withdrawals from that same account for 8 years while in law school. How large will those quarterly withdrawals be if the rate stays the same for the entire timeline of 26 years? 4873.73
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