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A company wants to have $240,000 available in 4 1/2 years for new construction. How much must be deposited at the beginning of each quarter

A company wants to have $240,000 available in 4 1/2 years for new construction. How much must be deposited at the beginning of each quarter (in $) to reach this goal if the investment earns 10.6% compounded quarterly? (Round your answer to the nearest cent.)

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