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You have saved $25,440.00 for a three-year vacation to Germany. You will keep your money invested in an account paying 8.40% APR with monthly compounding

image text in transcribed You have saved $25,440.00 for a three-year vacation to Germany. You will keep your money invested in an account paying 8.40% APR with monthly compounding while you live in Munich. You will make your withdrawals at the beginning of the month. How much can you withdraw each month? Answer Format: Currency: Round to: 2 decimal places

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