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Your grandfather just died and left you $ 100,000 in a trust fund that pays 9.5 % interest. You must spend the money on your
Your grandfather just died and left you $ 100,000 in a trust fund that pays 9.5 % interest. You must spend the money on your college education , and you must withdraw the money in 4 equal installments , beginning immediately . How much could you withdraw today and at the beginning of each of the next 3 years and end up with zero in the account
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