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A person needs $ 9 2 0 0 0 . He / she makes deposits of $ 1 7 5 0 at the end of

A person needs $

92000 .

/

she makes deposits of $

1750

at the end of each quarter in an account which earns

11 %

compounded quarterly.

Find the amount of the smaller concluding deposit at the end of the next quarter.

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