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Calculating Annuity Present Values [LO1] Beginn...

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Solution


Question

Calculating Annuity Present Values [LO1] Beginning three months from now, you want to be able to withdraw $2,300 each quarter from your bank account to cover college expenses over the next four years. If the account pays 0.65 percent interest per quarter, you need to have $______ in your bank account today to meet your expense needs over the next four years

 

Paper#11996 | Written in 18-Jul-2015

Price : $25
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