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Posted on Aug 28, 2024

Your grandparents put $ 1 1 , 6 0 0 into an account so that you would have spending money in college. You put the

Your grandparents put $

11, 600

into an account so that you would have spending money in college. You put the money into an account that will earn an APR of

4.47

percent compounded monthly. If you expect that you will be in college for

4

years, how much can you withdraw each month?

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