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A trust fund is set up to make payments of $ 1 5 0 0 . 0 0 at the end of each quater for
A trust fund is set up to make payments of $ at the end of each quater for fifteen years. Interest on the fund is compounded quaterly.
a How much money must be deposited into the fund?
b How much will be paid out of the fund?
c How much interest is earned by the fund?
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