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elled money from the setement of an insurance clam She plans to withdraw $14,500 from her savings account at the end of each year for four years if the payments are dem interest is 9% compounded quarterly, what was the amount of the insurance settioment? CHO The insurance settlement was (Round the final answer to the nearest cont as needed. Round all intermediate values to six decimal places as needed) and

elled money from the setement of an insurance clam She plans to withdraw $14,500 from her savings account at the end of each year for four years if the payments are dem interest is 9% compounded quarterly, what was the amount of the insurance settioment? CHO The insurance settlement was (Round the final answer to the nearest cont as needed. Round all intermediate values to six decimal places as needed) and

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Asa has invested money from the settlement of an insurance claim She plans to withdraw $14,500 from her savings account at the end of each year for four years if the payments are deemed for the years and interest is 99% compounded quarterly, what was the amount of the insurance settlement? CHEC The insurance settlement was (Round the final answer to the nearest cont as needed. Round all intermediate values to six decimal places as needed)
Transcribed Image Text:Asa has invested money from the settlement of an insurance claim She plans to withdraw $14,500 from her savings account at the end of each year for four years if the payments are deemed for the years and interest is 99% compounded quarterly, what was the amount of the insurance settlement? CHEC The insurance settlement was (Round the final answer to the nearest cont as needed. Round all intermediate values to six decimal places as needed)
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