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you plan to make 24 equal quarterly payments (payments at the end of each period) into an account to pays 8% (per year compounded quarterly). If you need $5,000 at the end of 10 years (i.e. 4 years after the last payment is made into the account), how much would you have to deposit into the account every quarter? round your answer to the nearest 10 dollars. (using casio fx-9750GII)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92835454

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