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How long will it take for the fund to be depleted

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Reference no: EM132869979

Jessica invested $11,500 into a fund earning 6.50% compounded monthly. He plans to withdraw $600 from the fund at the end of every quarter. If the first annuity withdrawal is to be made 4 years from now, how long will it take for the fund to be depleted?

Reference no: EM132869979

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