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Althea will need $25,000 for her school tuition in two years. She has an account that earns 2.75% interest, compounded quarterly. How much does she

Althea will need $25,000 for her school tuition in two years. She has an account that earns 2.75% interest, compounded quarterly. How much does she need to deposit into that account each quarter to reach her goal?

a. $3,125.00 b. $3,564.23 c. $3,050.58 d. $3,275.24

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