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A new employee wants to make quarterly deposits in her investment plan. When she retires 30 years from now, she wants to have $1,000,000 dollars
A new employee wants to make quarterly deposits in her investment plan. When she retires 30 years from now, she wants to have $1,000,000 dollars deposited. Given the retirement plan pays 3% interest, what payment must she make?
Please show details and related formulas, I will give thumbs up ASAP.
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