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You will start taking $2,800 out of your bank account every quarter, starting 3 months from today , to cover school expenses over the next
You will start taking $2,800 out of your bank account every quarter, starting 3 months from today, to cover school expenses over the next four years. |
Your account pays .68% interest per quarter. What do you need the value to be of your account today to meet your expense needs over the next four years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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