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A trust fund is set up to make payments of 52500,00 at the end of each quarter for fifteen years. Interest on the fund is

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A trust fund is set up to make payments of 52500,00 at the end of each quarter for fifteen years. Interest on the fund is 7% compounded quarterty. (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? (a) How much money must be deposited into the fund? must be deposited into the fund. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) How much will be paid out of the fund? 1. will be paid out of the fund (Round the final answor to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) How much interest is eamed by the fund? I will be eamed by the fund. (Round the final anwwer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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