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The Oseola McCarty Scholarship Fund at University of Southern Mississippi was established by $160,000 gift from an 87-year-old woman who had dropped out of sixth grade and worked for most of her life as a washerwoman. How much would she have had to save each week in bank account earning 3.8% compounded weekly to have $160,000 after 75 years? (Round your answer to the nearest cent.)

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