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Use the timeline below to help you! An employee is planning to retire in 15 years. To plan for this retirement, she deposits $3000 at

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Use the timeline below to help you! An employee is planning to retire in 15 years. To plan for this retirement, she deposits $3000 at the end of each quarter into a savings plan, The balance is then converted into a fund from which end-of-quarter withdrawals are made for the next 25 years. If money is worth 4.75% compounded quarterly what is the size of her monthly withdrawal? 15 years 19 29 today H 599 604 619 40 years 1609 H 1599 + IY? $3,000 $3,000 ... $3,000 $3,000 CY? PMT ************ PMT PMT FV m=? PV, FV, = 0 n = ? Select one: a $13,459,76 Dyb $4462.02 C. $3157.73 d. $3642.57

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