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An engineer is planning for future expenses associated with starting a consulting business. Money can be deposited at 6% compounded monthly. What end of month
An engineer is planning for future expenses associated with starting a consulting business. Money can be deposited at 6% compounded monthly. What end of month deposits must be made for the next 5 years to provide $5,000 each quarter for the following 2 years? (Note that the 1st deposit comes 1 month from now, and the last deposit is made on the date of the first withdrawal.)
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