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Question $4$

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$3$

You would like to have $$1,000,000$ when you retire in $25$ years. How much should you invest each quarter if you can earn a rate of $7\mathrm{.}6\%$ compounded quarterly?

a$)$ How much should you deposit each quarter?

$

b$)$ How much total money will you put into the account?

$

c$)$ How much total interest will you earn?

$

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