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a sum of money is deposited at the beginning of each year for 3 years at 12% compounded annually . After the last deposit interest

a sum of money is deposited at the beginning of each year for 3 years at 12% compounded annually . After the last deposit interest for the account is to be 8.24% compounded quarterly and the account is to be paid out by payments of $370, made at the beginning of each quarter for 9 years. What is the size of the annual deposit?

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