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You put $60,000 in the bank today to fund your son's college account. He will make 4 equal withdrawals, starting at the end of this

You put $60,000 in the bank today to fund your son's college account. He will make 4 equal withdrawals, starting at the end of this year. Assuming the account earns 6% interest, how much can he withdraw each year? Choose the closest answer. a. $13,715 b. $18,600 C. $17,315 d. $15,000 . $14.400

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