What monthly compounded nominal rate of interest must earn

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Question - Samantha wants to be able to withdraw ?$425 at the end of each month for three years while she? travels, starting five years from now. If she invests ?$11,000 now to earn? 4.68% compounded monthly until she begins to? travel, what monthly compounded nominal rate of interest must she earn after she starts to? travel?

Reference no: EM132757149

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