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32: Find the periodic payment R required to accumulate a sum of S dollars over t years with interest earned at the rate of r

32: Find the periodic payment R required to accumulate a sum of S dollars over t years with interest earned at the rate of r%/year compounded m times a year. (Round your answer to the nearest cent.)

S = 300,000, r = 4.2, t = 10, m = 12

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