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(15) You have $200,000 in an account earning 6% compounded monthly. 6 years from now you want to make quarterly deposits for 9 years so
(15) You have $200,000 in an account earning 6% compounded monthly. 6 years from now you want to make quarterly deposits for 9 years so that when you retire 15 years from now you will have accumulated $750,000. How much should your deposits be to achieve that goal?
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