Aryssa has saved $72,000.00. If she decides to withdraw $3,342.00 at the beginning of every six months and interest is 6.06% compounded quarterly, for how long can she make withdrawals? Express your answer in years and months (from 0 to 11 months). Her last withdrawal will occur year(s) and month(s) from now (Type whole numbers.)

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Aryssa has saved $72,000.00. If she decides to withdraw $3,342.00 at the beginning of every six months and interest is 6.08% compounded quarterly, for how long
can she make withdrawals? Express your answer in years and months (from 0 to 11 months).
Her last withdrawal will occur year(s) and month(s) from now.
(Type whole numbers.)
Transcribed Image Text:Aryssa has saved $72,000.00. If she decides to withdraw $3,342.00 at the beginning of every six months and interest is 6.08% compounded quarterly, for how long can she make withdrawals? Express your answer in years and months (from 0 to 11 months). Her last withdrawal will occur year(s) and month(s) from now. (Type whole numbers.)
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