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A house and lot can be purchased for 200,000 down payment and 25 quarterly payments of 18,000 each. The first installment is due at the

A house and lot can be purchased for 200,000 down payment and 25 quarterly payments of 18,000 each. The first installment is due at the end of 2 years and 3 months. If money is worth 10% compounded quarterly, how much is the cash value of the house and lot?

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