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Your grandparents put $10,600 into an account so that you would have spending money in college. You put the money into an account that will

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Your grandparents put $10,600 into an account so that you would have spending money in college. You put the money into an account that will earn 4.27 percent compounded monthly. If you expect that you will be in college for 4 years, how much can you withdraw each month? Multiple Choice $239.77 $240.62 $252.65 $232.60 $244.90

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