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Your grandmother just died and left you $ 1 0 0 , 0 0 0 in a trust fund that pays 7 . 5 %

Your grandmother just died and left you $100,000 in a trust fund that pays 7.5% interest, compounded quarterlyYou must spend the money on your college education, and you must withdraw the money in 4 equal installments, beginning immediatelyHow much could you withdraw today and at the beginning of each of the next 3 years and end up with zero in the account? Choose the closest answer

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