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A 4 year annuity makes quartely payments with the first payment due in 3 months. If the present value of the annuity is $3235.71 at

A 4 year annuity makes quartely payments with the first payment due in 3 months. If the present value of the annuity is $3235.71 at a discount of 16% APR, what is the size of the quartely payment? (2 dec)

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