Gretta is about to retire and has $360,000 in her retirement account. Assume that the account has a rate of 5% per year

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answerhappygod
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Gretta is about to retire and has $360,000 in her retirement account. Assume that the account has a rate of 5% per year

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Gretta is about to retire and has $360,000 in her retirementaccount. Assume that the account has a rate of 5% per yearcompounded quarterly. a) How much can Gretta withdraw every quarterfor the next 9 years and how much interest was earned? Show formulaand all work.
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