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4 . I.R . Wright plans to make quarterly deposits of $ 2 0 0 for five years into a savings account. The first deposit

4. I.R. Wright plans to make quarterly deposits of $200 for five years into a savings account. The first deposit will be made immediately. The savings account pays interest at an annual rate of 8%, compounded quarterly. How much will Wright have accumulated in the savings account at the end of the five-year period? Round to the nearest dollar.

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