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A young couple decides to save to buy a house in 5 years, whose value on that date will be $25,000. They will make quarterly

A young couple decides to save to buy a house in 5 years, whose value on that date will be $25,000. They will make quarterly deposits in equal installments, starting in 3 months. The bank recognizes 16% interest for the first 2 years, 18% interest for the next 2 years, and 20% for the last year (all compounded quarterly). How much money will the quarterly fee be?

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