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a) find the size of the deposit to be made now, that will provide beginning -of-month payments of $800 for the first 3 years and

a) find the size of the deposit to be made now, that will provide beginning-of-month payments of $800 for the first 3 years and $400 for the next 5 years using 3.2% compounded quarterly?

Include labelled timeline*

b) how much interest is made during this annuity?

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