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Mathematics, 08.07.2021 14:00 jadeaguayo28

A family has inherited $300,000. If they choose to invest the $300,000 at 12\% per year compounded quarterly, how many quarterly withdrawals of $25000 can be made? (Assume that the first withdrawal is three months after the investment is made).

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A family has inherited $300,000. If they choose to invest the $300,000 at 12\% per year compounded q...
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