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You wish to calculate the amount that Astrid should withdraw from her college savings fund of $ 3 0 0 0 0 if she wishes

You wish to calculate the amount that Astrid should withdraw from her college savings fund of $30000 if she wishes to withdraw equal amounts at the beginning of each month for four years. The annual nominal interest rate is 6% convertible annually. Find the number of payments per year.
a.
4
b.
6
c.
2
d.
1
e.
12

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