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Grandma decides to put 1400 dollars into an account for you. She makes monthly 25 deposit ,the last coming 1September2003,the day you start at collage .She wants yoy to be able to withdraw money from this account at the beginning of each month with the first withdrawal coming 1September2003 and the last coming 1June 2008.Note that makes 58 withdrawals in total .How much will you be able to withdraw each month if te account is earning a normal interest rate of 7.5 percent convertible monthly?

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