Question

An inheritance of $200,000 is invested at 6% compounded quarterly. If $450 is withdrawn at the...

  1. An inheritance of $200,000 is invested at 6% compounded quarterly. If $450 is withdrawn at the end of each quarter, how long will it be until the account balance is $0. The answer is 73.8 rounded to 74 quarters, I need to see to the work.

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