Ali invested $10,000 in a fund earning 5.5% compounded monthly. He will withdraw $800 from the...

Ali invested $10,000 in a fund earning 5.5% compounded monthly. He will withdraw $800 from the fund every quarter with the first withdrawal being made 2 years from now. What is the total time until the last withdrawal?

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ekkarill92 answered 2 years ago

Christopher invested $11,000 into a fund earning 5.50% compounded monthly. She plans to withdraw $900 from...

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Ali invested $10,000 in a fund earning 5.5% compounded monthly. He will withdraw $800 from the...

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