Starting one month from now, you need to
withdraw $300 per month from your bank account to help
cover the costs of your university education. You will continue the
monthly withdrawals for the next four years. If the account
pays 0.3% interest per month, how much money must
you have in your bank account today to support your
future needs?
Starting one month from now, you need to withdraw $300 per month from your bank account to help cover the costs of you
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