Business, 04.03.2020 21:29 Savagecabbahg2925

Your grandmother just died and left you $47,500 in a trust fund that pays 6.5% interest. You must spend the money on your college education, and you must withdraw the money in 4 equal installments, beginning immediately. How much could you withdraw today and at the beginning of each of the next 3 years and end up with zero in the account?

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Your grandmother just died and left you $47,500 in a trust fund that pays 6.5% interest. You must sp...

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