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At the end of 4 years, you want to have $60,000 saved for a down payment on a condo. You expect to earn 4.60% (compounded

At the end of 4 years, you want to have $60,000 saved for a down payment on a condo. You expect to earn 4.60% (compounded quarterly) on your investments over the next 4 years. How much do you have to put in your investment account at the end of each quarter to reach your goal?

Group of answer choices

1,715

3,320

1,829

2,257

3,437

(Please also show work, thanks)

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